As far as I can tell, currency holders and/or people who aren’t on the asset train (or further back on it).
So what should someone do who's holding onto USD to hedge today?
I buy extremely low cost broad market index funds for any assets I don’t need in 3+ years. VOO, etc.
If you have substantial amounts of that, I’d look into diversifying by obtaining desirable land, especially commercial real estate that will be able to generate cash flow.
Anybody holding cash or bonds. Also, much of the US inflation is exported to the rest of the world.
The people who don’t hold/own risk assets.
In other words, the poors, social outcasts, people left on the sidelines, as usual. The inequalities are just increasing as a result. That makes me sick.
Agreed, what has been happening lately (Wednesday) is a symptom of wealth inequality