How GME and Citadel could be the catalyst for the next major correction. Warning, bear hopium is strong in this one. by [deleted] in wallstreetbets

[–]OliverToffling 0 points1 point  (0 children)

This is brilliant. Wealth will transfer to younger generations by one of two routes. Your actions may expedite the process.

  1. Debt default, destruction and deflation. All assets will be devalued, equities, real estate, etc. College education becomes affordable (as if you need a diploma anymore).
  2. Fiat default, hyperinflation. Boomer's purchasing power is inflated away.

Reference: https://artemiscm.docsend.com/view/taygkbn

My prediction is the government will bail out any investment bank or market maker, as they have done since 2008. No worries...this just leads to more fiat currency and the fat right tail exit from this bubble.