The Clear Signs of a Global Inflationary Tsunami Are Already Visible Around the World !

• The Clear Signs of a Global Inflationary Tsunami Are Already Visible Around the World! 
  by Graham Summers, Phoenix Capital Research, via www.zerohedge.com
  Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system. Now, I realize that everyone knows the Fed is “printing money.” However, when you look at the list of bailouts/ money pumps it’s absolutely staggering how much money the Fed has thrown around. 
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  Here’s a recap of some of the larger Fed moves during the Crisis:
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  – Cutting interest rates from 5.25-0.25% (Sept ’07-today).
  – The Bear Stearns deal/ taking on $30 billion in junk mortgages (Mar ’08).
  – Opening various lending windows to investment banks (Mar ’08).
  – Hank Paulson spends $400 billion on Fannie/ Freddie (Sept ’08).
  – The Fed takes over insurance company AIG for $85 billion (Sept ’08).
  – The Fed doles out $25 billion for the automakers (Sept ’08)
  – The Feds kick off the $700 billion TARP program (Oct ’08)
  – The Fed buys commercial paper from non-financial firms (Oct ’08)
  – The Fed offers $540 billion to backstop money market funds (Oct ’08)
  – The Fed agrees to back up to $280 billion of Citigroup’s liabilities (Oct ’08).
  – $40 billion more to AIG (Nov ’08)
  – The Fed backstops $140 billion of Bank of America’s liabilities (Jan ’09)
  – Obama’s $787 Billion Stimulus (Jan ’09)
  – QE 1 buys $1.25 trillion in Treasuries and mortgage debt (March ’09)
  – QE lite buys $200-300 billion of Treasuries and mortgage debt (Aug ’10)
  – QE 2 buys $600 billion in Treasuries (Nov ’10)
  – Operation Twist reshuffles $400 billion of the Fed’s portfolio (Oct ’11)
  – QE 3 buys $40 billion of Mortgage Backed Securities monthly (Sept ‘12)
  – QE 4 buys $45 billion worth of Treasuries monthly (Dec ’12)
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  The Fed is not the only one. Collectively, the world’s Central Banks have pumped over $10 trillion into the financial system since 2007. This money printing has resulted in a massive expansion of Central Bank balance sheets as the below chart indicates (BoE= Bank of England, Fed= US Federal Reserve, ECB= European Central Bank, SNB= Swiss National Bank, BoJ= Bank of Japan).
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  This money printing has unleashed inflation in the financial system. In the emerging markets, where consumers can spend as much as 50% of their income, this has resulted in food riots and even revolutions as we saw with the Arab Spring in 2011.
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  This situation is far from over. Higher food prices continue to be a source of civil unrest throughout the emerging market space. Recently Saudi Arabia banned the exporting of poultry to halt prices which rose by as much as 40%:
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  read more!

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