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 ()
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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
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