Each month, we track the monetary base for the world’s major central banks. Changes in the monetary base may have an effect on the prices of financial assets such as stocks and bonds.
Notwithstanding a modest retrenchment in October and November (2016), the central banks we cover continue to create money at an astonishing rate. We think the most profligate money printers are Europe and China.
Here is the data through the end of the last month: