A stock market crash mostly transfers wealth from the bottom rung of those who own stocks, who are forced to sell, to the top rung of stock owners, who have eno

A stock market crash mostly transfers wealth from the bottom rung of those who own stocks, who are forced to sell, to the top rung of stock owners, who have enough to be able to wait it out and then buy up the assets at low prices (and make a fortune when it goes back up). It also causes a lot of companies to go out of business or reduce their workforce because of reduced consumer spending, hurting the working class more.