It would not be inflation control would it?? With the added benefit of allowing folks that sold shares high buy them back low?
No, we're expecting a contracting, deflationary cycle after a private debt-fueled peak. People who want to get into gold are wrong. Metals and tangibles are a hedge against inflation. Cash is the hedge against deflation because everything you can buy gets cheaper and cheaper to buy. We're talking about the decreasing value of oil.
Ask yourself if the price of oil, and commodities in general, is inflating, staying there same, or deflating? Generally, the prices are deflationary. Why? Less demand. Why is there less demand? Because as people age they spend less money. Peak spending is at ages 47-48 years old in the USA. After that, people spend less. Peak net worth is one year after retirement, which explains our bond and equities markets growth and why people tend to expect its continued growth into the next 12-18 months fueled by the boomers packing it away. But my generation, now entering into peak spending, isn't big enough to support growth in commodities, and millennials, are saddled with crappier paying entry level jobs on all fronts and higher education debts forcing them to forgo and defer marriage and family formation, the number one reason people become first time homeowners, and the reason starter house sales lag other segments.
To some extent, our demographic population problem is playing out on the world stage but at different intervals. Because markets are forward looking they are trying to discover the price of slowing global growth.
Now if the world's growth is slowing, then the need for building out commodity production is all but erased and as production outstrips demand, then prices decline and we experience a deflationary cycle until demand picks back up against available supply.
Thus you want to deploy cash into tangibles when the axe has fallen, not before the axe falls. People who want to get into RE, buy it only because you like it, but expect a glut of McMansions in 2023 when the boomers with too big of a house all try to downsize at the same time and my generation is too small to to soak up the buying interest, thereby forcing prices down. Right now there aren't enough people buying starter houses, and this problem will eventually make it to the larger homes as time goes on even though for now, the market for upper class housing is pretty good.
Going forward think like Monopoly: RE for rents and senior living which is the only RE space that will see growth over the next 30 years as boomers move from 4,000 sq. foot homes to 2500 sq. foot town homes to 1000 sq. foot assisted living to 20 sq. foot burial plots.
