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  • Yeah, but you have to adjust your definition of "surplus". People won't want to be stuck with devalued intangibles if they need to get emergency medical care or their company goes bust or something. If you've enough cash/whatever to ride out whatever may come it's a good time to buy, sure.

    (you may know this but just pointing it out in case others don't and lose their life savings)

  • That's all part of risk aversion. Those are all real world possible scenarios.
    Some people are happy to chance it some not.

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