🔴 It'll Get Worse: U.S. Recession, Money Supply Contraction, Tariffs on Consumers | Dr. Steve Hanke

Despite official economic data showing a strong labor market and a decline in inflation, US consumers suspect that there may be much more to the story. As the Federal Reserve cuts rates and the latest jobs report beats all expectations , US economic growth is expected to fall behind that of China and India. So - what IS really going on?
Today I’m very excited to have an opportunity to connect with Dr. Steve Hanke, a prominent American economist. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore.

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Disclamer:
The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.

[reeufive]

when it comes to geo-economies, i go to Lena for accurate updates. Thank you Miss Petrova.

[Gigismom]

The election, no matter what outcome will not stop this country from plunging into a state of financial crisis for many many years! Thank you Lena for your candid insight and information.

[sankalp]

Lena, you are a poster child for how an interviewer should be. You let the professor speak without interrupting and transitioned smoothly between topics. Keep up the great work and hope to see other interesting guests.

[sigolwidearemo]

Dr. Hanke appreciate your efforts too educate the truth about economy.

[cresbery]

Thanks Lena for your Excellent US's financial explanation & anylization with collaboration with Dr.Hanky.

[drayb]

Lena, excellent interview with Mr. Hanke. Your truly THE class act on YouTube.

[sarahkhan]

With a massive 35 trillion debt everything in the u s is collapsing. Holding on to the dollar and bond is a death trap. Forever printing money will expedite its demise

[NeilBates-kt]

In England we call it moving the goalposts, when the establishment can’t balance the books

[redhed]

without a stable manufacturing base, it cannot grow. period.

[boe]

Thank You, Lena. Excellent presentation with Hanke. 👍🙋‍♂️

[yearstockcycle]

WOW! This is the clearest explanation of Hanke's 'quantity of money' theory, and the expected economic outcomes, that I have had the pleasure of hearing.

[ma_abbott]

Been 'with you' for quite a while. You're doing just fine. The interviews are a great addition to your 'regular' content. I go in multiple directions on the internet and worldwide news sources, and you are spot on with your reporting.

[Paulomarrecas]

Thankfulness to Mrs Petrovna for the sharing.

[andrewkizito]

Thanks Miss Lena!!!Days been waiting for your other DIGEST!!!! It's been great thks!!!

[joselu]

Good morning Lena. It’s always a pleasure to watch your videos with your respected guests no matter how bad the news is. Nothing like knowing the truth without any sugar coating. Thank you.

[vrdacosta]

Concise and straight to the point!
It was really interesting to hear Dr. Steve Hanke in this interview.👍👏👏

[dannyboy]

Love to hear Prof Hanke talk on the global economic especially on the trade war with China.

[Lyra]

Excellent programme, Lena. Really enjoy your realist and honest approach to the significant economic and geopolitical issues of the day. Makes such a refreshing alternative to the nonsense we are FED every day by the criminally inept and dishonest MSM.

[jchanmcse]

Thanks to Lena for interviewing Dr. Hanke with this insightful and truthful interview to nourish our souls and minds.

[waltbroedner]

The embargo act was passed almost without debate on December 22, 1807. Jefferson would seriously damage the American economy, striking everyone from farmers who could not sell their surplus cornmeal and flour overseas, to ship owners whose boats now sat idle at anchor, to dockworkers who had no cargo to load and unload, right down to the bartenders at waterfront grog shops who lost their hard-dinking seafaring clientele. The embargo put 30, 000 American sailors out of work. THAT WAS 217 YEARS AGO! Free Trade: international trade left to its natural course without tariffs, quotas or other restrictions. "Failures of the Presidents" by Thomas J. Craughwell.