While it took the Federal Reserve almost six years to create 3.5 trillion in new US dollar liquidity after 2008, this time around, it took only ten months to unleash a monetary tsunami of $3 trillion, with the projection of at least another $1.8 trillion next year.
Original Article: “The Result of “Too Much Money”: Asset Price Inflation and Inequality”
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
