Seems to me it's a reasonable position that runs face first into the irrational market.
Like they're digging a gigantic hole and Ed's up the top saying if you keep digging the hole will collapse (+ a whole lot of unnecessary swearing), and then a bunch of people jump into the hole to brace it and say "nuh uh, see we can keep digging" but really it's just postponing the inevitable and increasing the number of people who will be destroyed when it all crashes down
Like they're digging a gigantic hole and Ed's up the top saying if you keep digging the hole will collapse (+ a whole lot of unnecessary swearing), and then a bunch of people jump into the hole to brace it and say "nuh uh, see we can keep digging" but really it's just postponing the inevitable and increasing the number of people who will be destroyed when it all crashes down