> So if we're talking about a mass sale of stock reducing the price, that implies somebody is buying the stock at that new lower price. It's not the billionaire

> So if we're talking about a mass sale of stock reducing the price, that implies somebody is buying the stock at that new lower price. It's not the billionaires, since they're in the middle of trying to sell all their stock. But no stock is being destroyed either; it has to be going to someone with less net worth, and thus less concentrated ownership of stock. Which is, again, the thing that socialists are trying to do. I bet it would be billionaires buying the stock, actually. Just not US ones.