It's one way for the central banks to fleece economies of any assets they have deemed to be above what an ordinary person should have, we are there now. It's communism by another name.
The flight from deposits into equities will lead to an equities correction and then there is a transfer of wealth from one segment of the population to the other.
Preservation of capital is paramount even if it means for a short time you are loosing money by letting it sit idle in a bank account.
But when the bang happens make sure you have enough capital to buy in low. If it's in retail or industry super be prepared for a bit of pain in the short term.
But then there are those who will say but this time it's different! I've lived through 7 decades of different and it NEVER is!
