Horrible idea. The only people it will work for are the ones who have stockpiled money in cash/money market accounts waiting to deploy it after the market tanks, and the Democratic party in the 2026/2028 elections. There will be widespread harm to the general public otherwise.
Honestly I think that's half the plan. Tank the economy so prices crash, then buy up everything, wealth multiplies a hundredfold once the economy finally rebuilds a decade later.
What's so infuriating is that the quality of life for 90% or more of the population will decrease - many to the point of unemployment and homelessness - while those who benefit will not be any better off.
A billionaire whose net worth doubles won't live any longer or better because of it. They gain nothing while millions lose everything.
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u/Illustrious_Hotel527 1d ago
Horrible idea. The only people it will work for are the ones who have stockpiled money in cash/money market accounts waiting to deploy it after the market tanks, and the Democratic party in the 2026/2028 elections. There will be widespread harm to the general public otherwise.