
Steve Hanke: Shrinking Money Supply = Recession And Sub-2% Inflation By End Of Year
Thoughtful Money with Adam Taggart
Global Economy, Monetary Trends, and Forecasted Recession
This chapter delves into the current state of the global economy, emphasizing risks in financial markets due to conflicts like the US-China trade war and other geopolitical tensions. It further explores the destructive effects of currency inflation in countries like Turkey and Argentina, stressing the importance of controlling money supply. The discussion concludes with a forecast of a potential recession based on the decline in the money supply and an anticipation of inflation decreasing to around 2% by the year's end.
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