Capitalism isn't there to benefit people. It's there for the benefit of those with the gold. Employed people are a liability. The fewer people working for a company, the less people that need to be paid.
As you know, too many people working produces upward wage pressure which leads to rising prices. This is called inflation and is very very bad because it unfairly penalizes people who do not work for a living, i.e. the investing classes who make their money from their money. Anything that makes money worth less is bad. Inflation does not have such a dire effect on workers because their wage is going up so a burgers worth of work today is a burgers worth of work tomorrow. However, if you just live off your money then your buying power decreases over time.
Therefore interest rates must rise. This has two beneficial effects.
a) The investing classes get to make more money when they lend their money out.
b) It makes it harder for companies to grow since loans cost more so they stop adding people.
Another positive effect is that it makes people who are on the verge of bankruptcy fall over the edge which means good deals on real estate, especially if you are one of those people that has a lot of money and don't have to work for a living.
But it does put a damper on the stock market because it means that it will be harder for companies who have to pay more in interest to post good earnings and earnings reports are what stock is all about. The only reason to buy stock is to sell it at a higher price (no sell, no gain). This is not as true of dividend stock, but who does those these days?
If you don't think you'll be able to get a better price for the stock than what you buy it for, you don't buy it.
