He didn't mentioned that the money the banks got was also printed, and so was the money that was lent out by the banks. The level of inflation, you'd think would be much more astronomical than what it actually seems to reflect in the market.

Though his comments about Black Rock is off. Black Rock and Vangaurd have been some of the largest investment banks since before 9/11. 9/11 doesn't really have anything to do with either of them having massive amounts of influence. Also, they tend not to own these specific assets, but obligations, debts, insurances, and other financial products tied to those things. Owning assets sucks because they'd have to actually take care of those assets, or even protect them. Having a financial product that represents them in some way is much better.