You aren't wrong. Most of the central banks loans went into inflating the price of stocks, bonds, and real estate. Inflation in those assets has been running ov

You aren't wrong. Most of the central banks loans went into inflating the price of stocks, bonds, and real estate. Inflation in those assets has been running over 10% a year. While goods, services, and wages has been running 2% per year. That's all due to central bank operations.