
#184 Professor Steve Hanke, Who Nailed The 9% Inflation Call, Sees It Falling To 2.5%-3% By Year-End And A Recession On The Way
The Julia La Roche Show
Analysis of Macroeconomic Situation and Money Supply Dynamics
The chapter delves into the impact of the money supply on the economy, comparing the roller coaster effect in the US, UK, and Eurozone with stable conditions in China, Japan, and Switzerland. It forecasts a decrease in inflation and warns of a possible recession while critiquing the Federal Reserve's handling of inflation. The discussion highlights the relationship between changes in the money supply and inflation, emphasizing the significant role of both central and commercial banks in shaping the money supply.
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