The Brutal Period for the Passive Investor

I understand why anybody in their right mind would have owned a bond a year ago when interest rates were low. But it's going to be a pretty brutal period for the passive investor in stocks. Brutal period for the owner of credit. And maybe you get hyperinflation. There are a lot of tales to how badly this thing can go. I think if they just go and we list along and you run 350% debt to GDP and run that down to 300 or 250%, you can do that over 20 years. This is something like the US had positive interest rates. The US had low but positive interest rates, whereas some enormous, I don't know what it ended up being at

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