Monetary Debauchery

5*Please take time to review this one. Bianco Research presents charts & commentary on the world's central banks printing money on an unprecedented scale .. click above chart for the Bank of England as one example .. another Bianco chart shows that the balance sheets of the Bank of China & the European Central Bank are actually larger than the Federal Reserve .. the money was created to lower interest rates, to push investors into higher risk assets & hopefully lead to increased economic activity .. "Collectively they are printing money to a degree never seen in human history. So how does this process get reversed? How do central banks pull back trillions of dollars of money printing without throwing markets into a tailspin? Frankly, no one knows, least of all central banks as they continue to make new money printing records."
[Cliff Note: Which side will win in the end? The DEFLATION caused by private banks' creation of too much credit? The INFLATION caused by Central Bank's money created to fight the disaster caused by the private banks? No matter which side wins, the loser is the non banking public.]

Link here to the essay