Hanke said that there has never been “sustained inflation” in history that has not been the result of runaway money supply growth. “That is why we are having inflation now,” he continued, “and that’s why, by the way, we will continue to have inflation through 2023 going into probably 2024.”
Johns Hopkins University economics professor Steve Hanke predicted on Monday that America will experience a “whopper” of a recession in 2023 due to manipulation of the money supply by the Federal Reserve.
Johns Hopkins University economics professor Steve Hanke predicted on Monday that America will experience a “whopper” of a recession in 2023 due to manipulation of the money supply by the Federal Reserve.
Economist Reveals When America Can Expect One ‘Whopper’ Of A Recession
Johns Hopkins University economics professor Steve Hanke predicted on Monday that America will experience a “whopper” of a recession in 2023 due to manipulation of the money supply by the Federal Reserve. During an interview with CNBC, Hanke noted that M2 — a measure of the money supply that...
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