I’d suggest that it’s way to early to be making the call that we’re handling this well. I’d also estimate that globally there’s been around $50 trillion in QE.

I’d suggest that it’s way to early to be making the call that we’re handling this well. I’d also estimate that globally there’s been around $50 trillion in QE. Is this something we could “handle well” once a decade? Once every 5 years? Once every 2 years? I believe we’re at an inflection point. Part of me is fascinated to see what comes after (for me “after” = over the next decade). Part of me is very scared. I’m glad I’m in the last third of my life.