Nothing can fix inflation now, ‘economic stupidity’ is underway by the Fed, Biden – Steve Hanke

Kitco News, Released on 5/11/22 Steve Hanke, professor of Applied Economics, discusses where inflation is headed after Wednesday’s CPI release with David Lin, anchor for Kitco News. 0:00 – Latest CPI release 4:50 – Fed’s objectives 9:10 – Oil and food prices 14:41 – Fed monetary policy 19:00 – Fiscal policy 24:33 – Gold Steve […]

Fed’s 25 bps hike won’t reverse inflation, damage will last until 2024 – Steve Hanke

Fed’s 25 bps hike won’t reverse inflation, damage will last until 2024 – Steve Hanke

Kitco News, Released on 3/17/22 The U.S. Federal Reserve hiked the Fed Funds rate by 25 basis points on Wednesday, the first rate hike since 2018. While this move was largely anticipated, the markets still rallied on the news; both the stock markets and safe haven assets like gold rose. The dollar fell slightly. Steve […]

Sanctions on Russia are ‘for losers’; chances of Fed tightening just tanked – Steve Hanke

Kitco News, Released on 2/25/22 Steve Hanke, professor of applied economics at Johns Hopkins University discusses sanctions on Russia, gold, inflation, and monetary policy with David Lin, anchor for Kitco News. 0:00 – “Sanctions are for losers” 5:26 – Economic impacts of sanctions 9:00 – Sanctions are “shooting yourself in the foot” 10:34 – Fed […]

Fed Dangerously and Wrongly Ignoring Money Supply Warns Inflation Expert Steve Hanke

Stansberry Research, Released on 2/11/22 “Inflation is permanent, not temporary,” explains Steve Hanke, Applied Economics professor at Johns Hopkins University and former Senior Economist on President Reagan’s Council of Economic Advisers. “You want to be in commodities and completely away from nominal bonds,” Hanke tells our Daniela Cambone, when asked about positioning for tribulations to […]