Bank bailouts do not stabilize the economy as billionaires would have us believe. They shift liabilities onto taxpayers. The financial class who yell “free market” are precisely those who designed a legal system that protects the rich at the expense of the poor.
Discussion
Bank bailouts come from the money printers, not tax payers. The billionaires lile bailouts because because they benefit from the Cantillon effect.
It's socialism for the rich at the expense of everyone else.