re: #131 iossarian

Somehow you have to adjust the inflated value of real estate and other fixed assets. You can do it by waiting for property prices to come down, but that blows because then people are unable/unwilling to move (which adds a huge element of inflexibility to the economy). Or you can have inflation.

Either way you look at it there will be some kind of asset devaluation.

Plain English translation… things aren’t going to be worth shit.