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They talk about trying for a "soft landing", so although there is a downturn in stocks and it will likely go down a little more, the path of less resistance wou
by russnes 4y ago
They talk about trying for a "soft landing", so although there is a downturn in stocks and it will likely go down a little more, the path of less resistance would probably be to try to get inflation and stocks to average at around stopping right now, with a few parabolic moves.
This would consolidate the wealth transfer in favor of asset holders, but would at least not make it worse, and non-asset holders generally don't really understand what's happening anyways so that's why it's the path of less resistance.