/biz/ - Business & Finance

>>18636396
That's exactly right
But it's already "known". It's only priced in with the smart money (ie, it isn't priced in).
When things start to normalize, the fed&treasury policy of "we gotta save everybody" goes right out the window. Over the rest of the decade, they will be raising rates and normalizing their balance sheet. They will do it incredibly slowly, but they will do it without mercy. Businesses with too much debt will slowly be strangled and bankrupted, the prices will be paid. But overall, the economy will be much healthier as a result of all of this.
The point of the overall strategy is to not have all the pain hit all at once (now) but to have it delayed over the next 5-10 years.

Also
>muh wrench