The David Lin Report, Released on 11/9/24 (Recorded on 11/7/24)

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses why the Republicans won a full sweep, and what’s next for the economy now that Trump has won the Presidency.

0:00 – Intro
1:36 – Fed and Trump’s fiscal policies
6:50 – Trump’s “Golden Age”
12:03 – Efficiency commission
14:55 – Deficit
19:07 – Tariffs and inflation
21:42 – Will Jerome Powell be fired?
24:14 – Trump and Fed independence
25:40 – Debt and monetary policy
29:50 – Debt and fiscal policies
31:25 – Markets’ reaction to Trump win
35:10 – Americans ‘revolted’
44:45 – Reducing income inequality
46:55 – Full sweep, what’s next?
49:25 – Future of wars

Steve Hanke is an American applied economist at the Johns Hopkins University in Baltimore, Maryland. He is also a senior fellow and director of the Troubled Currencies Project at the libertarian Cato Institute in Washington, DC, and co-director of the Johns Hopkins University’s Institute for Applied Economics, Global Health, and the Study of Business Enterprise in Baltimore, Maryland. Hanke is known for his work as a currency reformer in emerging-market countries. He was a senior economist with President Ronald Reagan’s Council of Economic Advisers from 1981 to 1982, and has served as an adviser to heads of state in countries throughout Asia, South America, Europe, and the Middle East. He is also known for his work on currency boards, dollarization, hyperinflation, water pricing and demand, benefit-cost analysis, privatization, and other topics in applied economics. Hanke has written extensively as a columnist for Forbes magazine and other publications. He is also a currency and commodity trader.

  economy, election, steve hanke, Trump