The Julia La Roche Show

#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

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Jul 18, 2024
Professor Steve Hanke, expert in applied economics, accurately predicted 9% inflation using the Quantity Theory of Money. He forecasts 2.5-3% inflation by year-end and anticipates a recession. Critiques Federal Reserve policies, advocates for constitutional amendment to control government spending, and warns of the consequences of debt. Discusses the impact of fiscal illusion and tax collection on the economy.
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