The bubbles want to pop on their own. The amount of unrest we will have if interest rates go to their natural level while 401Ks and RE crash is unimaginable. Think price inflation + asset depreciation + high interest rates and, maybe, a Government default. It will make all the classes protest simultaneously. Of course, nearly all classes won’t burn down their own communities — but the underclass will.
BOE is talking about a 10% Inflation rate already.
Here stateside, if inflation rate comes out anything over 9%, things will get very uneasy.
Bank of England hikes interest rates to 13-year high, sees inflation hitting 10%
https://www.cnbc.com/2022/05/05/bank-of-england-hikes-interest-rates-in-bid-to-fight-soaring-inflation.html