Wealthion - Be Financially Resilient

Steve Hanke on the Fed’s Failures, Trump’s Win, and Recession in 2025

Nov 21, 2024
Steve Hanke, a Professor of Applied Economics at Johns Hopkins University, dives into the repercussions of the Federal Reserve's monetary policies. He examines how post-COVID inflation and wealth inequality paved the way for Trump's political ascent. Hanke warns of a looming recession in 2025 fueled by tightened money supply and discusses the geopolitical threat posed by China's dominance in global industries. With keen insights into economic forecasts and political discourse, he sheds light on the complexities of today's financial landscape.
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