Isn't the market sell off exactly what oligarchs would want so they could sweep in and buy what's being sold off so their portfolios expand that much more. Ultimately, leaving less available for the 99%ers when the market rebounds leaving the oligarchs that much more in control.
Their "money" is actually shares too, so when market crashes, they get poorer. So probably not in their benefit.
As usual one man is ultra prepared for this.
Buffet has been sitting on a massive pile of cash for some time now...
Not really. Too complicated. Trump is not a complicated man.
Also if you are wealthy you have more money in the market than sitting in cash, so crashes hurt more than help you.
That's generally not true. Crashes hurt everybody, but rich people making a killing during the recovery.
How is this too complicated? All of the oligarchs surrounding Trump knows that if they manipulate him to their advantage, he's not bright enough to know it. So, they realize how much he loves the beautiful word "tariff", and the nudge him even further. Voila! It's win-win
This seems epistemically dubious. If Trump decided his first act as president was to cut corporate taxes instead, and stocks rallied, I bet the same people are going to complain about how "this is exactly what oligarchs want". Short of a communist revolution, what wouldn't oligarchs want?