Understanding Economic Trends Through Money Supply

Economist Steve Hanke says a U.S. recession is almost inevitable, and warns that the Fed, Wall Street, and Donald Trump are all looking in the wrong direction. In this sharp, wide-ranging interview with James Connor, he explains why ignoring money supply is a fatal flaw in today’s policy and why the economy may be headed for a major contraction.

Hanke also unpacks global warning signs: deflation in China, collapsing demand, rising youth unemployment, and geopolitical chaos, all while markets remain near all-time highs akin to the early 2000s dot-com bubble.

Key Topics:

• Why Steve thinks there’s an 80 to 90% chance of a U.S. recession

• Why Powell is ignoring money supply growth, and why it matters

• China’s economic weakness and deflation

• The weaponization of the dollar and its global fallout

• Why the stock market looks like the early 2000s dot-com bubble

• Bond market concerns and real yields rising

• U.S. defense spending: “a black hole” fueling endless war

• Still bullish on gold, and how to track sentiment

• Market vs. macro disconnect: Buffett’s caution is a clue

Volatility got you concerned? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://wealthion.com/free/

Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH

Steven Hanke’s books:

- Making Money Work: How to Rewrite the Rules of Our Financial System: https://a.co/d/6Oip6hx

- Capital, Interest, and Waiting: Controversies, Puzzles, and New Additions to Capital Theory: https://a.co/d/2PuBVMV

Chapters

0:57 - Trump’s “Too-Late Powell” Tweet: Hanke Fires Back

5:36 - Is the Fed Still Behind the Curve?

7:06 - Money Supply at 4 %: Recession Brewing?

10:35 - Global Demand Cracks: Louis Vuitton to JetBlue

16:40 - Is the Dollar Doomed? DXY in Focus

18:10 - Q2 GDP Guess: Hard Landing Ahead?

23:12 - “One Big Beautiful” Bill or Budget Bust?

26:18 - G7 Discord & Canada’s $4 B Ukraine Pledge

30:39 - Why Is Zelensky on the G7 Stage?

31:47 - Can the Battlefield End the Russia-Ukraine War?

32:38 - Market Bubble Detector: S&P at 6000

41:26 - Gold’s 25 % Surge: Still Time to Buy?

Connect with us online:

Website: https://www.wealthion.com

X: https://www.x.com/wealthion

Instagram: https://www.instagram.com/wealthionofficial/

LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Wealth #Finance #Investing #Recession #FederalReserve #Inflation #Geopolitics #StockMarket #Gold #ChinaEconomy #UkraineWar #DebtCrisis #MarketBubble

________________________________________________________________________

IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Learn more about your ad choices. Visit megaphone.fm/adchoices