When he was on this channel back in August of 2021, when inflation was 5%, today’s guest made the bold prediction that the CPI would eventually hit 9% — which it indeed did the following June.
Where does he see inflation headed from here?
To find out, as well as hear his latest outlook on Fed policy, the US dollar, recession risk and the markets, we welcome back Steve Hanke professor, of applied economics at the Johns Hopkins University in Baltimore, Maryland