Countries Dumping USD? Failed Treasury Auction: ‘Things Are Just Warming Up’ | Steve Hanke

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses recession odds, the recent failed Treasury auction, and the outlook for inflation. Watch Prof. Hanke’s last interview with me in person: https://youtu.be/7_3YVU1aeho?si=iqxv_DpwEIs5N5b_*This video was recorded on April 11, 2025Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: B25:https://tickets.b.tc/event/bitcoin-2025?promoCodeTask=apply&promoCodeInput=DAVIDBitcoinAsia: https://tickets.b.tc/event/bitcoin-asia-2025?promoCodeTask=apply&promoCodeInput=DAVIDSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW STEVE HANKE: Twitter (@steve_hanke): https://twitter.com/steve_hankeEmail: hanke@jhu.eduCapital, Interest, And Waiting: https://www.amazon.ca/Capital-Interest-Waiting-Controversies-Additions-ebook/dp/B0D9741TWHMaking Money Work: How to Rewrite the Rules of Our Financial System: https://www.amazon.ca/Making-Money-Work-Rewrite-Financial/dp/1394257260FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro1:14 - Tariffs and the economy 8:00 - Probability of a recession9:00 - Great Depression 13:46 - Inflation 24:30 - Fed monetary policy 25:50 - Failed Treasury auction 28:14 - Moving away from the USD29:50 - ‘Things are just warming up’ #economy #investing #tariffs