Central banks are trying to prop up the deflationary structural changes happening in the broader world economies due to aging demographics and technology reducing the value of human labor.
The end result is an enormous asset bubble as their only solution is to print money to prevent any actual deflation from happening as that would implode the financial system.
Yes but the inflation will come in 5-7 years. Just in time to liquidate the amount of debt the government owes.
Pretty clever trick but it’s only a random accident of the financialized systems that make modern life possible. It’s like how all the pandemic chaos only increased corporate profits and government power.
It’s just endless consistent accidents that never benefit 95% of people.
Central banks seem to accept low deflation now. At least here in Germany we have low deflation. The money the central banks print is not for preventing inflation. They would need to put money in the hands of common people, but it just stays in the financial system and keeps asset prices up.
The end result is an enormous asset bubble as their only solution is to print money to prevent any actual deflation from happening as that would implode the financial system.