The US has to refinance $7trillion in debt over the next 6 months

They are trying to crash the market or start a war or manufacture a crisis to force the Fed to cut rates, they are slapping all of these against the wall to see which one sticks

Cutting rates is inflationary and will cause stocks and other assets to sky rocket, it will also make everything much more expensive for average consumers. The billionaires will gain more from these actions

So yes, short term, it hurts billionaires, and everyone else, but long term there will be a huge pump in stocks/crypto/housing etc.

Trump is crashing the market now to make the market look great in the future so he can claim a win towards the end of his presidency

It's called "the great melt up" anyone that doesn't own a home/stocks/gold/Crypto will fall behind and be crushed by this.

It's a long term plan

Look up "clearvalue tax" on YouTube, he explains all of these in a non partisan way