What about the conservative American investor who has his $500,000 retirement savings in a bank deposit account??
Doesn't he suddenly witness the buying power of his savings evaporate?
It that palatable?
Your hypothesis starts with the US in a severe 1930s style recession. Under these cirumstances there will be more unemployed citizens than wealthy investors. The voting power of "guys with $500,000 in the bank" will not be as influential as the out of work daddys with 3 mouths to feed. In this country there is no safety net. You work or you starve, and if you are angry you vote.
