r/WallStreetbetsELITE • u/KatzBot • 7d ago

MEME What do MAGA adherents think?

Enable HLS to view with audio, or disable this notification

3.6k Upvotes

96% Upvoted

620 comments sorted by

View all comments

1

u/PersnicketyYaksha 7d ago edited 7d ago

Here's a take: tanking the stock market in a stressed economy is the perfect condition for the rich to buy up more stock for cheap at the expense of retail investors, leading to a much higher concentration of wealth in the long run. From that point of view this aligns well with the American 'conservative values', which views policies that concentrate wealth favourably and policies that equitably distribute wealth negatively.