These had been prophesied long ago isn't it? If you are from the past you will see it rightly as stupid. However in today's context, it might not be. So relative.
My take? This is for fools, but I know given time and it wouldn't be very long, the market will prove that I am wrong. At least for the persistent temporary.
Financial repression everywhere. Holding cash is stupid until it isn't. Nothing is forever. For players, only the relative matters in the markets.
If cash turns out to be absolutely stupid, it will be the end of the world as we know it.
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