No, this is wrong. The amount of global economic wealth [commodities & products] continues to increase, expand. Cheap, debauched funny-money means more of it chases productive assets and creates a speculative impression. This is not speculative - it is wealth being transferred from those who save cash to those who own asset-backed investments. I am waiting for a 'correction' due to war in Europe or the South China Sea but the underlying economic climate is sound in spite of delinquent central banks printing money like confetti.