That's fair enough if the money supply is set at neutral or plus the rate of population increase but the money tap is being wound open and the devaluation of money inflates prices.
That inflation is surely going to re inflate all prices including assets?
Let's face it, the medicine is the poison that caused the problem, cheap[free] money supply and what happened before will happen again.
In the interim[now] the balance of power is being shifted.
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