Record inflation levels are coming with no growth, ‘the worst of all worlds’ – Steve Hanke

Record inflation levels are coming with no growth, ‘the worst of all worlds’ – Steve Hanke

Kitco News, Released on 7/16/21 The inflation rate will reach 6% to 9% by year-end, said Steve Hanke, professor of Applied Economics at Johns Hopkins University. Speaking with David Lin, anchor for Kitco News, Hanke said that in a low growth environment, this represents the “worst of all possible worlds.” 0:00 – Phillips Curve 4:00 […]

El Salvador may now face sanctions from making Bitcoin legal tender – Steve Hanke

Kitco News, Released on 7/6/21 Steve Hanke, professor of Applied Economics at Johns Hopkins University, told David Lin, anchor for Kitco News, that El Salvador’s Bitcoin Law may violate several of the guidelines proposed by the Financial Action Task Force, and may get flagged, with the severest action being sanctions. Steve Hanke is an American […]

This market will be in ‘great turmoil’ as inflation rises to 6% by 2023 – Steve Hanke (Part 2/2)

Kitco News, Released on 6/16/21 Steve Hanke, professor of Applied Economics at Johns Hopkins University discusses with David Lin, anchor for Kitco News , just how much inflation will rise over the next two to three years and which markets will be hit hardest. 0:00 – Monetarism and inflation 9:06 – Gold sentiment index For […]

Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’ – Steve Hanke (Part 1/2)

Kitco News, Released on 6/15/21 For Part 2 of this interview, CLICK HERE Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin, anchor for Kitco News (https://twitter.com/davidlin_TV). Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) […]

Sentiment for gold price is at most bullish level this year – Steve Hanke

Sentiment for gold price is at most bullish level this year – Steve Hanke

Kitco News, Released on 5/25/21 Steve Hanke, professor of applied economics at Johns Hopkins University, created, in collaboration with his colleagues, a sentiment index for gold. The index works by using a computer algorithm scan media articles online and screen “bullish” or “bearish” keywords. Bullish words include “inflation”, and “quantitative easing” while gold bearish terms […]

‘Shocking’ inflation now higher than Fed’s target, is ‘harbinger of things to come’ – Steve Hanke (Part 2/2)

Kitco News, Released on 5/13/21 For Part 1 of this interview, CLICK HERE Headline inflation is now at 4.2%, the highest reading since 2008. Steve Hanke, professor of applied economics at Johns Hopkins University, said that this is a ‘harbinger’ of even more inflation. Hanke told David Lin, anchor for Kitco News, that inflation could […]

Steve Hanke: hyperinflation ‘wiped out’ these great currencies, is the U.S. dollar next? (Part 1/2)

Steve Hanke: hyperinflation ‘wiped out’ these great currencies, is the U.S. dollar next? (Part 1/2)

Kitco News, Released on 5/12/21 For Part 2 of this interview, CLICK HERE There have been a total of 62 recorded cases of hyperinflation, and in all cases, the underlying currency in the economy has failed, according to Steve Hanke, professor of applied economics at Johns Hopkins University. “If you have hyperinflation, you can wipe […]

Is the Fed hiding something? Why weekly money supply data just got discontinued – Steve Hanke

Kitco News, Released on 4/6/21 The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly. Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world’s largest central bank on the importance of […]