

#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
6 snips 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.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
Analysis of Macroeconomic Situation and Money Supply Dynamics
01:53 • 15min
Analyzing Inflation, Interest Rates, and US Debt Situation
16:38 • 3min
Addressing the Federal Budget Deficit
19:31 • 5min
Exploring the Impact of Fiscal Illusion and Tax Collection on the Economy
24:50 • 5min