The Result of “Too Much Money”: Asset Price Inflation and Inequality
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.