Kitco News, Released on 1/12/22 Headline CPI climbed to 7% in December 2020, the highest level since 1982, according to data released Wednesday by the U.S. Bureau of Labor Statistics. Steve Hanke, professor of applied economics at Johns Hopkins University told David Lin, anchor for Kitco News, that inflation will likely remain elevated until 2024, […]
Kitco News, Released on 11/10/21 Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. 0:00 – Inflation 8:40 – Biden’s […]
Kitco News, Released on 10/29/21 Jack Dorsey, CEO of Twitter, recently Tweeted that “Hyperinflation is going to change everything. It’s happening.” Steve Hanke, professor of applied economics at Johns Hopkins University, responds. 0:00 – Hyperinflation 8:03 – Inflation in the U.S. 13:16 – 300,000,000% monthly inflation 18:15 – Cryptocurrency board Steve Hanke is an American […]
Kitco News, Released on 9/30/21 Steve Hanke, professor of Applied Economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the possibility of the U.S. Treasury minting a platinum coin with a face value of $1 trillion and use that to buy existing federal debt. 0:00 – $1 trillion platinum coin 12:04 […]
Kitco News, Released on 9/21/21 Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the impact that Evergrande’s current struggle has on the global commodities complex. 0:00 – Gold sentiment 7:18 – Fed tapering 8:30 – Evergrande 12:39 – Inflation Steve Hanke is an American applied […]
Kitco News, Released on 8/29/21 Fed Chair Jerome Powell announced on Friday at the Jackson Hole Symposium that the U.S. central bank will consider tapering by the end of the year since the economy is on track to meet full employment and hit the Fed’s inflation targets. Hanke noted that in the past, interest rates […]
Wealthion, Released on 8/20/21 Currency expert and highly respected John Hopkins economist Dr Steve Hanke warns that inflation will continue to rise aggressively through the rest of 2021, so high that it will eventually cause corporate profit margins to fall and thus trigger a painful market correction. Steve Hanke: Inflation To Hit 9% THIS YEAR? […]
Kitco News, Released on 8/2/21 Second quarter real GDP in the U.S. grew at 6.5% on an annualized basis, lower than consensus estimates. Steve Hanke, professor of Applied Economics at Johns Hopkins University, told David Lin, anchor for Kitco News, that market participants are not accurately factoring in inflation growth. 0:00 – Q2 GDP 10:24 […]
