FED ‘Flying Blind’ from Inflation to ‘Baked In’ Recession with Steve Hanke Ep.74
Episode 74:
On today’s show I am so honored to be here with Steve Hanke, renowned monetarist economist and professor of Applied Economics at Johns Hopkins University. Professor Hanke gives is the economic reality of our economy, impact of money supply, and FED led inflation and recession. Inflation snuck up on the FED and they thought it was “transitory” when the cause is directly related to the Money Supply.
“Inflation is always and everywhere a monetary phenomenon.” -Milton Friedman
