Everything points to the velocity of money halting to zero. It's illegal to evict people right now, and it's illegal to bail out the banks. People are going to have their accounts haircut when the banking system collapses.

It's not that the central banks will do anything malicious to get the ball rolling, but there are 1000 things that can go wrong and domino effect... while their only recourse is to bail themselves and their keys to power out while putting the burden on the people.