Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.
In the thinking of many experts, all problems and solutions are geared to the mindset of central planners—of people like themselves. Climate scientists mistakenly believe themselves solely qualified to determine public policy for everyone else.
The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."
It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.