The rich win in either scenario. In the bailout scenario they pocket most of the froth. In the crash scenario hyper-deflation causes cash to increase vastly in

The rich win in either scenario. In the bailout scenario they pocket most of the froth. In the crash scenario hyper-deflation causes cash to increase vastly in real value, allowing the rich to swoop in and buy up everything that isn't nailed down at a massive discount. They then get to ride everything back up as the recovery takes hold and pocket most recovery gains.