Source: ft.com

Have central bankers heard of The South Sea Bubble?

The main theme at this year’s Davos, the annual gathering of the rich and powerful in the Swiss Alps didn’t change much from last year: polarized world powered by historically unprecedented levels of printed money. The global economy continues ticking along undeterred by wars, impeachments or even viruses, buoyed by the central bankers’ money printing, which has, however, (or so the common shared…