even if for a short duration Nobody will unwind their balance sheets in any substantial or meaningful way, ever. QT ending because asset values came down 10% f

even if for a short duration Nobody will unwind their balance sheets in any substantial or meaningful way, ever. QT ending because asset values came down 10% from all time historical highs should make this abundantly clear. It's a post-2008 world, and the new mandate is to smash that VIX to zero. Every central bank on the planet is engaged in this competitively, and none of them will stop until they manage to destroy their respective currencies. Bear in mind that the 100 year Austrian bond yields close to 1%, so the smart money is betting that it will take over a century for this to ever end.