Despite a strong jobs report in December, a recession in 2024 is still inevitable, according to Steve Hanke, Professor of Applied Economics at Johns Hopkins University.
Sign up for an IRA with ITrust today using this link:
Interview with Prof. Hanke in December, 2023:
*This video was recorded on January 5, 2024
FOLLOW STEVE HANKE:
Twitter (@steve_hanke):
Email: hanke@jhu.edu
Gold Sentiment Report:
FOLLOW DAVID LIN:
Twitter (@davidlin_TV):
TikTok (@davidlin_TV):
Instagram (@davidlin_TV):
For business inquiries, reach me at david@thedavidlinreport.com
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 – Intro
2:00 – Jobs market
17:00 – Fed monetary policy
24:25 – Assets that survive recessions
28:15 – Interest rate and the money supply
30:55 – Geopolitical risks
#investing #economy #economics…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Economist Steve Hanke: How To Survive 2024’s Economic Storm
With the global economy facing uncertainty and potential challenges in the coming years, it is essential to seek guidance from experts in the field of economics. One such expert is economist Steve Hanke, who has been a leading voice in the economic world for decades.
Hanke has a robust background in economics, having taught at Johns Hopkins University and the University of Colorado, and worked as a senior economist on President Ronald Reagan’s Council of Economic Advisers. He is currently a professor of applied economics at The Johns Hopkins University in Baltimore, Maryland and a Senior Fellow at the Cato Institute in Washington, D.C.
Hanke’s extensive experience and deep understanding of economic principles make him a valuable resource for individuals and businesses looking to navigate the potential economic storm of 2024. He has published numerous articles and papers on topics ranging from currency pegs to hyperinflation, and his insights can help guide individuals and institutions through uncertain economic times.
One of the key pillars of Hanke’s economic philosophy is the importance of sound monetary policy. Hanke has been a vocal advocate for the use of currency boards and fixed exchange rates to promote stability in the monetary system. He has also been critical of central banks’ use of inflation targeting and believes that a stable currency is essential for long-term economic growth and prosperity.
In addition to his work on monetary policy, Hanke has also been a strong proponent of free-market principles and limited government intervention in the economy. He believes that excessive regulation and government spending can hinder economic growth and lead to inefficiency. Instead, Hanke advocates for a free-market approach that allows for competition and innovation to thrive.
With 2024 looming as a potentially challenging year for the global economy, Hanke’s insights can provide essential guidance for individuals and businesses looking to weather the storm. His emphasis on sound monetary policy and free-market principles can help individuals make informed decisions about their finances and investments in uncertain times.
In conclusion, economist Steve Hanke’s expertise in economics and his strong advocacy for sound monetary policy and free-market principles make him an invaluable resource for navigating the potential economic challenges of 2024. His knowledge and experience can help individuals and businesses make informed decisions to safeguard their financial well-being in uncertain times. It is essential to seek guidance from experts like Hanke to prepare for and survive the economic storm that may lie ahead.
Despite a strong jobs report in December, a recession in 2024 is still inevitable, according to Steve Hanke, Professor of Applied Economics at Johns Hopkins University. Do you agree? Comment below and don't forget to subscribe!
Sign up for an IRA with ITrust today using this link: https://itrust.capital/David
FOLLOW STEVE HANKE:
Twitter (@steve_hanke): https://twitter.com/steve_hanke
Email: hanke@jhu.edu
Gold Sentiment Report: https://thegoldsentimentreport.com/
It has been two weeks. Where is Dr. Hanke at? Time for an update Dave!
Ok so the money supply has had an unprecedented contraction similar to 1929 but there was an even more unprecedented increase in the money supply in 2020 and 2021 the majority of which hasn't yet filtered up to the top 10%, so a large percentage of the population still has plenty of money
Hi/ David
I was introduce through your program, to Prof. Hanke system.
I had subscripted 5 days ago for gold package.
first their system debit my credit card twice instantly., and second no service was received since then.
I have written servals massages and received no reply what so ever.
How can you help to get in touch with Prof. Hanke to resolve this matter or, you can forward my email to him or his support team please
Regards
A. Ali
We hv been hearing about all of it since 2023 start………wen is the crash/ recession due?
If the price of an asset goes up, people usually buy more of it, not less…
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
In today's economy, assistance is critical if we are to survive. I was really hopeful about my investments this year but all my plans have been disoriented, I've been studying the stock market and I realized some investors made millions from the recent recession and I was wondering if such success rate could be achieved in this present market. Any recommendations?
❤
Hanke one of my favorite guests..big fan from Indonesia
"A man can never have enough Steve Hanke"
– Rudyard Kipling
The contrarians are back. Still waiting for the big crash. This guest has no idea, frankly nobody knows. Guest has been predicting a crash for the last two years.
Great to make it a regular with Prof. Love how he calls it without the bullshit!
Professor Hanke is out of this world. He explains economics in an amazing simplified manner for all of us to learn. Just amazing. Please please keep it up, we want to learn.
God can’t come back soon enough. So tired of having to live, looking over my shoulder and worried about what the hell is coming next. Let it come already! The best thing that could happen is the second coming. Of Christ . So let it come.
The assertion about demand in relation to pricing doesn’t always work. Case in point right now . Uranium. Price going up. Demand also going up….
Additionally- don’t thing inflation will at all be low by end of 2024 . No way.
This guy is full of it! Cutting trade off with China is one of the best things the US has ever done. The alternative is to let them completely dominate the south China Sea, and all of the surrounding nations, including the Philippines and Japan. He must be invested heavily over there and is losing money.
Calling for it too early can be also wrong