Yep. Just speculation. But it’s good to play this out, and I’m always learning.

Yeah, asset prices would collapse if there was a sudden mass sell off. This would be another deflationary impulse, as this would ultimately lead to the destruction of money supply due to the resulting defaults, downsizing, and bankruptcies. Jobs would be lost, and the value of money goes up, not down. Prices would fall as a result. The asset sellers still win in this regard, as they’re both first in line to the deflationary impulse and will be flush with more cash - even if it’s less than they desired.

Anyway I play out the selling of assets, I end up with either no real change or deflation.

Hyperinflation typically leads to the abandonment of money - a rush to assets.

I don’t think any group is trapped other than the poor that hold no assets. No matter the outcome, they remain poor.

Those with assets can come out at break even or possibly even enrich themselves.

I think the only thing trapped beyond the poor is the system itself and those who control the system. Not really the participants…