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.
Pascal Hügli is the chief research officer at Schlossberg&Co, a Swiss asset manager focused on protecting its clients' wealth from unprecedented and increasing monetary socialism around the globe.