Professor Steve Hanke joins Daniela Cambone to discuss the current state of the economy and the potential for another banking crisis. He explains why the economy is weaker than the headlines suggest as well as how Fed policies have fueled inflation. Daniela Combone and Prof. Hanke also analyze the risks in the banking sector, the elections, funding the war in Ukraine, and the role of gold. Watch this fascinating discussion you won’t want to miss.
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📖 CHAPTERS:
0:00 Expectation for the Economy
5:00 Quantity Theory of Money
7:38 Weakness in the Labor Market
11:57 Fed’s Narrative on Inflation
20:38 Health of the U.S. Banking Sector
26:05 Argentina’s Economy and Dollarization
30:2 Russian Assets for Ukraine War Aid
32:48 Assessment of the Gold Market
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