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Steve Hanke on the Fed’s Failures, Trump’s Win, and Recession in 2025

Wealthion - Be Financially Resilient

CHAPTER

Economic Forecasts and Trade Dynamics

This chapter explores predictions surrounding a potential U.S. recession, focusing on inflation, monetary policy, and the consequences of tariffs on economic growth. It contrasts misconceptions of trade as a zero-sum game with the reality of mutual benefits in transactions, while also addressing geopolitical concerns like the U.S.-China relationship. The discussion further examines the importance of waiting in economic production and the role of interest rates in fostering growth, linking these concepts to a newly released book on the subject.

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