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'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'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's when they'll become accountable for all the damage they will have caused.
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