Central banks now print during times of recessions & during times of non recessions. They cut rates with unemployment at 3.5% & they run the biggest QE programs ever during times of 5%-8% GDP growth.

There is no exit & all their talk about a future exit is ill defined & bogus.

They& #39;ll keep moving the football for there will never be perfection. There will always be issues.
But central banks have now positioned themselves to prevent all pain & fix everything.
This is not capitalism, it& #39;s central planning.
Markets run by monetary divine command theory.

How will it all end? When the imbalances & distortions become so large that the system rebalances itself while rendering central banks impotent to stop it.
And that& #39;s when they& #39;ll become accountable for all the damage they will have caused.