Sovereign Debts of the World

Central banks Assets indexed to 100 on Dec. 31, 2006. Band of England and the US Fed are up over 3x while the European Central Bank is up over 2x. Japan looks good though!

This chart shows central bank assets as a % of nominal GDP, Japan and the US bank assets represent over 25% of GDP (not good). Japan no longer looks good. Recent actions from the ECB make Bernanke look like an amateur at money printing.

Central bank assets in US dollars. China is the clear winner here. Don't forget though, the US is the largest economy of the world (~$15 trillion GDP per year) and China in second (~$6 trillion). I guess we'll soon see the unintended consequences of all that currency pegging and mega-sized stimulus in China (don't worry China, the rest of the world isn't safe either).

Here's a chart of everyone piled on top of each other. That's the beauty of technology, none of us have to even truly print money, they're just electronic entries in computers.

Source: http://www.businessinsider.com/ecb-vs-fed-vs-boj-vs-pboc-money-printing-2012-3
Source: http://globaleconomicanalysis.blogspot.com/2012/01/chart-of-day-central-bank-balance-sheet.html
Source: http://kostasgeorgioy.blogspot.com/2011/12/central-bank-balance-sheets-ecb-fed-boj.html
Source: http://payden.com/pdf/econview02222012.pdf