Inflation's Next Move: Economic Collapse? | Steve Hanke
Wealthion - Be Financially Resilient
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Understanding Money Supply and Economic Impact
The chapter delves into the concept of money supply and its impact on the economy, discussing the creation of 'bank money' by banks and how it influences asset prices and inflation. It analyzes the historical trends of money supply contractions and their link to recessions, drawing parallels to the current economic situation and potential recession forecasts. The speaker reflects on the optimistic sentiments in the market, cautioning about a looming storm despite the prevailing exuberance in asset prices.
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