Comment by DamnYuppie

If I understand your argument it is that the rich should want to crater the market because even if they lose money, their purchasing power increases?

That would only work if they have large cash reserves, we have data that shows most billionaires/millionaires don't their wealth is tied up in assets.

Because of that if the market does crater their businesses/assets may in fact get wiped out.

The rich don't want volatility or crashes, it rarely benefits them.