Recession And <2% Inflation By Year End | Steve Hanke

All to be caused by the ongoing shrinkage in the money supply

When I interviewed today's guest expert back in August of 2021, when inflation was 5%, he made the bold prediction that the CPI would eventually hit 9%, a prediction that seemed unthinkable at the time -- but it indeed proved true less than a year later.

He then called for inflation to moderate substantially, which also proceeded to happen.

So, where does he see inflation headed from here?

To find out, as well as hear his latest outlook on the economy, recession risk, social stability and the markets, we welcome back Steve Hanke professor, of applied economics at the Johns Hopkins University in Baltimore, Maryland.

Steve’s predictions are heavily influenced by changes in the money supply.

And with it now shrinking more than it ever has previously, that tells him to expect a recession and sub-2% inflation by the end of the year.

For the details why, click here or on the image below:

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