I share your belief about the balance sheet, but not about inflation.
However, I remember what Lindsey Williams said about the elites' telling you in front their future actions, so they may reduce it slightly after all, however it does not bode well with their statements about inflation.
I am still with you with your previous call on North Korea's influence on markets.
They are controlled and rigged by the Federal Reserve for the corporate and private powers that it supports.
If NK will cause a significant correction, it will only be if "The Powers That Should not Be" reversed their position, and they will only do so if they know they get backed up by the Federal Reserve, which means hawkish Fed.