Mother of all Bubbles

This article (unfortunately only in German) describes in a brilliant way, why the billions of money which are created at the moment by central banks and governments to end the financial and economic crisis, will ultimately lead to inflation and why the central banks will NOT be able to retract the money quickly by raising the interest rates.

Inflation however does require a second factor which is not mentioned in the article. It does not automatically occur when the amount of money is increased. Large amounts of money deposits in bank accounts do not cause inflation. Prices are created through supply and demand. Only if there is increased demand for something, and supply is short, prices will rise. Labour is not short in supply in today's globalized markets. But natural ressoures are and will spark inflation - someday.