confirmation bias in action

Imagine, what in 2008 year it became known, what's up 2012 of the year FED и ЕЦБ “will print” several trillion. USD. Most commentators, and not only from the CIS, would just choke on the saliva of hyperinflation. Then came the period “printing money won't help the economy ". Then “look, take a look, надувают пузыри!». Then "excess liquidity blew bubbles in EM". IN 2012 came “I told you so, that printing money doesn't work ". What will happen now? Again voodoo-graphical-pseudo-macro analysis? And you can't hear or read "you know, and I was wrong, it all works differently ". It's harder to come up with new explanations, than just figure it out, but no, confirmation bias does not give up.