Is the U.S. economy set to face an imminent collapse? Learn why Professor Steve Hanke predicts why the economy is hearing for a crisis and how the Fed could spark the next recession.

In this episode of ‘Speak Up’, Anthony Scaramucci speaks with Professor Steve Hanke, a leading expert in applied economics and co-director at Johns Hopkins University. Prof. Hanke explains the alarming contraction of the money supply, its historic implication and why he thinks the U.S. economy is heading for a crisis.

Discover how current fiscal policies might lead us to the brink of a recession and what you can do to protect and grow your wealth in these turbulent times. From the impact of quantitative tightening to the long-term outlook on inflation, Hanke provides actionable advice and forecasts you can't afford to miss.

TIMESTAMPS:

0:00 - Introduction

1:45 - Money Supply Contraction and Economic Impact

4:36 - Prof. Hanke’s Monetary Policy Recommendations

6:32 - Unsustainable Fiscal Policy and Deficit Concerns

10:07 - Risks of Current Deficit Spending

11:52 - Inflation Causes and the Role of the Fed

13:25 - Potential Dollar Crisis Scenario

15:07 - Fiscal Policy Solutions and Constitutional Changes

16:35 - Stock Market Analysis and Buffett’s Rule

22:03 - Petro-Dollar Agreement and Dollar’s Global Role

26:53 - Ineffectiveness of Sanctions

29:40 - Liquidity and Stock Market Outlook

30:46 - Earnings Forecasts and Recession Risks

32:34 - Impact of Interest Rate Cuts

34:27 - Detroit’s Competitiveness in Auto Industry

37:26 - Housing Market: Renovation vs. Buying

38:15 - Impact of Ethereum as a Security

39:26 - Closing Remarks

Is The Fed Destroying The Economy? Professor Steven Hanke Explains Why It Will Collapse

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