Seems like the money always goes to the worst sorts of people.

BRB government prints trillions of dollars, only to see it get siphoned into the pockets of the top 0.01% where it will never again see the light of day.

BRB people who barely graduated high school bragging about how they're a genius for investing in Bitcoin at $25k

BRB houses increase 20% in price in less than a year

BRB businesses that took massive risks never see consequences for their actions because the Fed buys all their junk bonds and floats them loans at absurdly low interest rates

BRB Cathy Wood braying about how she's a genius for investing in TSLA

BRB every single asset inflated to such ridiculous levels that it's impossible to invest in anything with an expectation of profit

BRB even used cars are appreciating in value

BRB save your money in the bank and they pay you 0.001% interest

Didn't read, but yes, it's socialism for the wealthy. Nothing more.

I'm actually down with UBI, but bailing out banks, airlines and other "too big to fail" businesses seems unecessary

You have no concept of history my friend, if you did you would rail against UBI.