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the wealthy buy up assets; property, businesses, stocks, homes, etc that the working class is forced to sell for pennies on the dollar. Then, as the economy recovers the working class finds jobs and gradually accumulates enough money to buy those assets at increasingly inflated prices, often leveraged with borrowed money. Obviously when they buy the assets their money goes to the wealthy. Eventually the cycle peaks and the working class has as much ownership of the assets as they are going to get, and the wealthy has as much of the money produced by the working class as they are going to get. Then the economy tanks again. The workers are forced to sell, often at a loss, as they lose their jobs. The wealthy buy the assets as cheaply as possible with the money that they received from selling assets to the workers on the way up. The economic cycle is just a way to squeeze value from the workers while allowing the wealthy to alternately hoard assets and money, releasing the assets when profitable and the money in exchange for work from the workers.