The world is being fueled by free money, and I believe there is no arguing we are seeing hyperinflation in luxury goods, housing, and in the accumulation of wealth by a tiny fraction of the population. How can anyone of sound mind argue that housing markets around the world are going through normal price appreciation?

The CBs are dangerous - Yellen has already said that the next downturn will be met with "unconventional policy". Given what we've seen in the last ten years, WTH will that look like? And what downturn is she talking about - a normal correction in the stock market bubble?