Hanke on Hyperinflation, Monetary Policy, and Debt

Hanke on Hyperinflation, Monetary Policy, and Debt

Da: EconTalk
0 0 7 anni fa
Steve Hanke of Johns Hopkins and the Cato Institute talks with EconTalk host Russ Roberts about hyperinflation and the U.S. fiscal situation. Hanke argues that despite the seemingly aggressive policies of the Federal Reserve over the last four years, there is currently little or no risk of serious inflation in the United States. His argument is that broad measures of the money supply lag well below their trend level. While high-powered reserves have indeed expanded dramatically, they have not ... Maggiori informazioni

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