When ever i read of the Central Banks and printing "mo mo money", and money supply rising rising i get hit with the image of Mickey Mouse in the Fantasia depiction of the Sorcerer's Apprentice where he decides via a spell to get brooms to carry water but it gets out of hand and the brooms just keep multiplying and carrying more water and more water until it is out of control, a flood, a disaster.
In the original tale the true Sorcerer returns and reverses the spell and halts the disaster.
But i see no true sorcerer here to return and stop the Central Banks from just printing "mo mo money", it seems so inevitable, a flood, a disaster, paper chasing paper where the CBs just keep printing more paper.
As i see it the CBs are constantly acting, reacting in realtime, immediate time, trying to fill buckets and empty buckets but the overspilling gets higher and higher, just too damned much money, or rather just too damned much paper; as this is but immediate term paperdrugging to hold off financial pain as "the hear no evil/ speak no evil/ see no evil" CBs are only obsessed with the moment and the future is ignored, by and large, and the paperdrugging becomes more and more diluted and less effective
In my view, this will lead to a far greater potential pain in the future and no amount of paper can stop it as the paper has become, my gawd, just paper.
The Puplava and Marc Faber scenario( i must credit Marc Faber for first opening my eyes to this) , for me, has a hard logic to it that makes me concur there is an inevitability to this dark scenerio.
thanks for the post. AKA Max:)---gd