Categories
Kitco News

Economist who called 9% inflation has this grim forecast for what’s next – Steve Hanke

Click here to get this article in PDF

Steve Hanke, professor of Applied Business economics at Johns Hopkins College, has accurately forecasted that rising cost of living in the united state will get to 6% to 9%.

With the current headline CPI release can be found in at 9.1%, Hanke informed David Lin, Anchor for Kitco Information, that inflation has actually come to a head in the meantime.

Adhere To David Lin on Twitter: @davidlin_TV ()
Comply With Kitco Information on Twitter: @KitcoNewsNOW ()
Follow Steve Hanke on Twitter: @steve_hanke ()
Hanke-Cofnas Gold Belief Index:

0:00 – Peak rising cost of living
4:30 – The Cost Is Right
9:45 – Living criteria vs. inflation
12:30 – GDP projection
14:19 – Rising cost of living relief checks
18:00 – Europe's feedback to rising cost of living
21:45 – No such point as a 'free lunch'
25:00 – Scandinavian living criteria
28:22 – Amount Theory of Cash
32:00 – Cash rate
35:28 – Taxes vs inflation
41:00 – Price control
43:29 – Gold belief index

#inflation #economy #recession
__________________________________________________________________
Kitco Information is the world's # 1 source of steels market information. Our video clips include meetings with famous market numbers to bring you market-affecting insights, with the objective helpful individuals make informed financial investment decisions.

Sign up for our network to stay up to date on the current understandings relocating the steels markets.

For more breaking information, check out

Follow us on social media sites:
Facebook –
Twitter –
StockTwits –

Real-time gold cost and also graphes:
Live silver price and charts:

Do not neglect to register for Kitco Information' Weekly Roundup– appears every Friday to recap the most popular stories & videos of the week:

Sign up with the discussion @ The Kitco Forums and belong to the premier online community for precious metals financiers:

Disclaimer: Videos are not trading guidance and also the views shared might not show those of Kitco Metals Inc
.

Economist who called 9% inflation has this grim forecast for what's next - Steve Hanke

Steve Hanke, professor of Applied Economics at Johns Hopkins University, has accurately predicted that inflation in the U.S. will reach 6% to 9%.

With the latest headline CPI release coming in at 9.1%, Hanke told David Lin, Anchor for Kitco News, that inflation has peaked for now.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke)
Hanke-Cofnas Gold Sentiment Index: https://www.thegoldsentimentreport.com/

0:00 - Peak inflation
4:30 - The Price Is Right
9:45 - Living standards vs. inflation
12:30 - GDP forecast
14:19 - Inflation relief checks
18:00 - Europe's response to inflation
21:45 - No such thing as a 'free lunch'
25:00 - Scandinavian living standards
28:22 - Quantity Theory of Money
32:00 - Money velocity
35:28 - Taxes vs inflation
41:00 - Price control
43:29 - Gold sentiment index

#inflation #economy #recession
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.