It is and it will get corrected. The question is how. The CPI could inflate to match the asset bubble, or the bubble could pop. The first is looking more and mo

It is and it will get corrected. The question is how. The CPI could inflate to match the asset bubble, or the bubble could pop. The first is looking more and more plausible. When either happens, it will be ugly, but if the first scenario plays out, "cash is trash" as Ray Dalio says.