it costs money to borrow, which means the bank cannot get free money as much as they want to gamble in the casino with AKA the stock market. So it crashes because the only thing holding it up was interest free money. The winners were the company stock holders AKA rich people the poor people are the losers because everything gets more expensive. The middle class are the enemy AKA small business holders, they will and are getting destroyed once again. This time in spectacular fashion one 2 punches. Its been a long time in the making and its finally here. Looking at the SNP500 that chart is about to drop off a cliff. Crypto is the first asset that will be liquidated to cover losses.