Every C.B is cranking up the printer. They all started devaluing...

Every C.B is cranking up the printer. They all started devaluing their currencies to compete in export markets but the only way out is having a strong currency.
It was all doomed when they made sure no one can make any money holding cash (except the banks) everyone else gets nothing for free - Gotta take risk and chase returns with the assurance that the C.B's would hold the course.
Gold in every currency will go up.