Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke

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Rising cost of living rises to the highest degree in three decades, with headline CPI at 6.2% and also core CPI at 4.6%.

Steve Hanke, professor of used economics at Johns Hopkins University, goes over with David Lin, anchor for Kitco News, the ramifications for investors of greater inflation.

0:00 – Rising cost of living
8:40 – Biden's Framework Costs
11:10 – Government reaction
15:46 – Biden's "panic switch"
19:00 – Gold belief

#inflation #economy #investing
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