I think you're badly mistaken. While I'm sure there are some rich that are heavily leveraged, the majority are not leveraged that highly relative to their asse

I think you're badly mistaken. While I'm sure there are some rich that are heavily leveraged, the majority are not leveraged that highly relative to their asset base. This has been shown in most available statistics on household wealth. For example: http://www.levyinstitute.org/pubs/wp_589.pdf http://www.levyinstitute.org/pubs/wp_589.pdf In particular the debt-equity ratio of the top 1% (>$8.2m net worth) is 2.8% ; the next 19% (> $473k < $8.2m) is 12.1%, and the middle three quintiles ($200 dollars-$480k) is is 61.1%. Moreover, the rich representatives in press & politics (WSJ editorial page, Forbes, the GOP, etc.) have been clamouring to raise interest rates for the past 5 years out of inflation fears... for what reason? To benefit the poor?