[kkoncevicius]

Everyone is quick to talk bad about the "ultra rich". Ultra rich have means, they are intelligent, they have advisors, and they know how to adapt. If economy turned towards deflation those ultra-rich would liquidize their assets, store money, and benefit from that instead. When two opposing processes can benefit the rich I would say it's not in the process but in how you react to the undergoing changes and how you adapt.

[sirspacey]

Yes and no. It slows the pace of expansion, but it doesn’t not necessarily mean they liquidate. I’ve yet to meet a billionaire who wants their net worth driven by the bond market.