"Which pretty much leaves assets that are inelastic to demand e.g. housing, stocks, art, unique jewelry etc." Which is a fallacy of composition because whoever

"Which pretty much leaves assets that are inelastic to demand e.g. housing, stocks, art, unique jewelry etc." Which is a fallacy of composition because whoever is selling you the house etc, ends up with the same choice. Assets always reach their indifference level, and some bank somewhere has to end up holding the reserves the Central Bank has created. Good job people aren't rational isn't it.