In the short term, the middle to the bottom lose as well. But since they can't buy back in their piece of the pie falls into the hands of those that can. Like 2007/2008 this will ultimately result in a massive transfer from the Have-less to the Have-more.
For example, small businesses will close and Amazon will pick up that slack. Easily.
So when the market recovers, which it will. They can see greater gains.
with fed interest rate at 0%. I’m sure the 0.01% can get incredibly favorable loans against their assets to double down.
That aside, you're missing the point. The public stock market best enriches those with the most reserves. Everyone else gets trickled on.