Economics tells us that the marginal propensity to consume is higher among low-income individuals than high-income individuals. So without delving into the deta

Economics tells us that the marginal propensity to consume is higher among low-income individuals than high-income individuals. So without delving into the details, I think it's reasonable to assume that a much greater percentage of investors in crypto/meme stocks/etc. are wealth(ier) individuals. Not to mention that those wealthier individuals just have a lot more money to invest in the first place, far and above a few stimulus payments.