Who will win - this global currency race to the bottom of the fiat money hill?
The US, Japan, Switzerland, Eurozone, UK, China and India are all working their printing presses to the max - racing to produce freshly minted currencies. See charts: http://politicalmetals.com/who-else-is-printing-money/
"Meanwhile, the global debasement race to the bottom has produced some absurdities. Late Friday, the U.S. Treasury said that it is monitoring Japan's monetary expansion and would press Abe to refrain from competitive devaluation. With the Fed's printing press operating in overdrive, it's truly a case of the pot calling the kettle black." - Barron's
How will all this end?
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