Regime of Uncertainty | Steve Hanke on Money Supply Shock, Tariff and Current Account, and Why Recession Remains Base Case For 2025
Monetary Matters with Jack Farley
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Intro
This chapter explores the current state of U.S. monetary policy and its effects on financial stability, focusing on the slow growth of the money supply. It emphasizes the stagnation of the M2 measure since mid-2022 and the critical gap between current growth rates and the rates needed for stable inflation.
Transcript
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