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Steve Hanke join CapitalCosm to Discuss Trump and Powell, Interest rates, and Inflation

Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes in the money supply do, with long and variable lags. Full story here Are you the author?
Steve H. Hanke
Steve H. Hanke is a Professor of Applied Economics and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. Prof. Hanke is also a Senior Fellow at the Cato Institute in Washington, D.C.; a Distinguished Professor at the Universitas Pelita Harapan in Jakarta, Indonesia; a Senior Advisor at the Renmin University of China’s International Monetary Research Institute in Beijing; a Special Counselor to the Center for Financial Stability in New York; a member of the National Bank of Kuwait’s International Advisory Board (chaired by Sir John Major); a member of the Financial Advisory Council of the United Arab Emirates; and a contributing editor at Globe Asia Magazine.
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