Won’t the only solution be that millennials will vote themselves checks? The wealth will transfer to them, once they are the majority of the voting base. Will they just give themselves a tax break and elect politicians to create rent ceilings?

It’s too hard to let asset prices fall or to straight up take money from people. I think there might just be some policy that gives income earners huge benefits for income, while maybe taxing those with assets heavier. I can’t see it going another way.

Price deflation will never come, even if it is what we need. Millennials are working for nothing. Anyone working is being paid hardly anything in terms of value.