Fed’s 50 Bps Rate Cut: Will It Trigger Inflation AND A Hard Landing? Economist Steve Hanke Answers

[@TheDavidLinReport]

Try InVideo for free at invideo.io/i/DavidLin and use the code DAVIDLIN50 to get 2x the video generation credits in your first month I had to delete and re-upload the video because of audio issues. Thanks for your patience. Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW STEVE HANKE: Twitter (@steve_hanke): twitter.com/steve_hanke Email: [e-mail]

[@issenvan1050]

When will you interview John Greenwood, David?

[@issenvan1050]

What happened to Hanke’s goldsentimentindex?

[@issenvan1050]

Next time give us a heads up to save our remarks before you delete a video, David.

[@jhgolf25]

Your thumbnail pic for this video says 'Fate' worse instead of 'far' worse

[@matefarac7297]

Get Michael Oliver on

[@thebigcheese3489]

The FED has arrived at a raging forest fire with a garden hose

[@CohnmanTheBudbarian]

More like a full drunk bladder.

[@2nostromo]

We voted the FED in... what? Really? oh never mind

[@Runrunshaw100]

Monetarism. Milton Friedman

[@2nostromo]

@@Runrunshaw100 What is Monetarism or montizing the debt". What specific action results in monitising? I'm asking friends.

[@bagel080]

More like a gas tanker truck spraying on the fire.

[@ScrapGoldExpert]

Who says, there is a landing? In a bottomless hole.

[@jayk3551]

We already landed. It was uneventful. The drama queens keep spewing hyperbolic rhetoric about a crash... LOL! Keep dreaming.

[@Mark-ph5nh]

really? I still standing for the last 20 years

[@therearenoshortcuts9868]

"when you fall, I will always be there to catch you" -the Floor

[@masteryoda9044]

Would you rather it was a holeless bottom ?🎉

[@garyfrancis6193]

More like a Black Hole and we are approaching the Event Horizon of no return. “ Scotty more power for the matter anti matter warp engines.” “ I canna squeeze any more energy outta the dilithium crystals Cap’n or they’ll go into quantum overload.”

[@SiNKiLLeR_]

Certainly doesn't feel like inflation is going down

[@DJRS2178]

The rate of increase in prices has stopped. Now you need deflation aka a recession for prices to drop.

[@Fearzero]

You don't live in your mom's basement.

[@paulcoenen7918]

I'm seeing at least a few things back to reality. Not sure about food tho, I had to stop eating a couple years ago.😢

[@John-wf5if]

Why would they want it to go down? They NEED inflation.

[@SageLittleHawk]

Is there an example of when prices dropped? ​@@DJRS2178

[@kevinlee6672]

The joke is on the consumer every time we buy gas, food, pay for rent, insurance and so on.....

[@SuperSavageSpirit]

"David you're in the spin room" 😂

[@SamMiller-x4f]

I think it's long overdue to talk about covert money printing & covert bond purchases.

[@pd8109]

This is the right question. Someone's gotta buy a trillion in bonds every 4 months. The number of institutions that can do that are falling fast, that'll spike long term yields. Then the train will leave the Fed behind

[@prolific1518]

When you can push liquidity at a press of a button, the stock market will never crash. Just look at what happened overnight now.

[@justincadle7070]

There’s a 12-18 month lag of the money supply. It’s coming.

[@jnicolettebailey]

2001 - start of rate cut cycle - 50 bps 2007 - start of rate cut cycle - 50 bps Buckle up Buttercups - it's inevitable

[@JohnWalsh2019]

Yes sir! I just said the same in a different post. You nailed it!

[@DogWater2011]

All I can say is....I HOPE YOU'RE RIGHT! 😂

[@user-hx3vp2vp7v]

Yes because all of other data is the same as in 2007😂 take a look at ISM manufacturing pmi,m2 money supply everything was high in 2007 so the only way was down. Now its complete opposite. Man if we listen people like you in last 2 years,we would miss the whole bullmarket

[@DogWater2011]

@user-hx3vp2vp7v all I can say is....I hope you're right. I've been preparing it the last 2 and half years 🤞

[@andrewnewman313]

@@JohnWalsh2019plz

[@gregbrauch]

We are in for a soft landing in mouth of a volcano.

[@user-sg9om8zi8y]

So Happy Hanke is on the show.................David has the best guests! Please have Jim Rogers on again. .50BP doesn't affect us at all.

[@michaelholmes8848]

Have a shot every time Hanke says David.

[@geneadaway2671]

People don’t live in their cars, and tents when the economy is doing great.

[@mutantryeff]

We need QT to continue. Fed Funds Rate is meaningless in the big picture.

[@Garybroker54]

Hanke is the best. The reporters are almost like they are hired and working for the fed. OMG it’s gold lol. 😂. I love Stevie “the hammer” hanke!! 🎉😂

[@ComommonlyCensored]

Hanke is one of the only voices I trust anymore. David's good understanding and questions foster a great friendship and interviews from the Professor..

[@24theMoney]

Schiff destroyed this guy

[@user-hm5zb1qn6g]

@@24theMoney Exactly. Schiff left Mr. Hanke pantsless on the side of the road.

[@ComommonlyCensored]

@@24theMoney I disagree.

[@JohnWalsh2019]

Schiff schooled this guy big time. The Prof loves to hear himself talk. Grandpa is wrong - we're in a recession heading towards a depression. But before the depression we have hyperinflation thst crushes everything and then the collapse (depression) hits us.

[@ComommonlyCensored]

@@JohnWalsh2019 schiff is full of schiff.

[@Rascal77s]

David you should interview some housewives who grocery shop regularly. They're the best economistst.

[@killap3nguin]

Lots are still voting for those who caused it

[@user-uz5ov4me3q]

That’s a good idea

[@curon_licentia]

😂

[@bassdojo]

We have been in a recession! This will only help speed up the crash like 2006. Buckle up.

[@jayneweaver8695]

I LOVE HIM! Thank you Dr. Hanke for telling us the truth, you are one of the few people that does and it is greatly appreciated. The previous cycles and Dr. Hanke's experience, knowing at least 3 to 5 Fed Chair's and be this sharp, it's impressive, thanks again!

[@base4267]

Love this guy! He's old, arrogant, and right 😅

[@drmodestoesq]

He's one of the architects of Reaganomics. Which was wrong and a disaster.

[@saucyrossy3698]

@@drmodestoesq lolol you know reality itself says your wrong, right? not kind of wrong...completely wrong. dont worry - thinking is hard for some.

[@drmodestoesq]

@@saucyrossy3698 Yes...like people who think that Reaganomics was a successful economic policy.

[@drmodestoesq]

@@saucyrossy3698 Reagan was the President that started America down the road of massive deficits and massive federal debt. You're right....accepting reality is hard for some.

[@HugoTheGOAT01]

⁠@@drmodestoesqReaganomics was a successful economic policy…. for its time. People forget that the New Deal institutional era, and more specifically, the Keynesian economics that fueled the New Deal institutional era was starting to break down by the time Reagan entered office, and Jimmy Carter’s administration showed that the Keynesian economics that created the Bretton Woods international order post-WW2 was no longer going to cut it, and would actually worsen economic conditions because the economic environment that made the new deal possible (WW2/post-WW2) was no longer a reality. Reaganomics worked at the time because the economic environment was far different than the economic environment of today. There was a influx in labor and a shortage in capital, so it made sense to export labor to other countries while turning into a service/debt economy built on finance and capital investment rather than focusing on labor. Now it seems we’re at a point where we have an influx of both capital and cheap labor due to globalization, automation, and potentially AI in the future, meaning that we very well may need to return to Keynesian economics or a mix between Reaganomics and the New Deal at some point in the near future to deal with the overcorrections of the Reagan era, but to say Reaganomics never worked is ignorant of the economic and historic data.

[@GapBahnDirk]

I thought that Prof. Steve Hanke had been censored there for a while, when your video was deleted! Always good to hear his views. 👍👍

[@SuperPowderpig]

Its baked in the cake. Recession coming. Zero rates in response. Markets drop 30+%. Unemployment ramping up. QE starting again.

[@carloschu7127]

How about market drops 40% or more ?

[@SuperPowderpig]

@@carloschu7127 Absolutely. S/P 500 down to 3000 Dow to 20000 Nasdaq to 10000

[@paulcoenen7918]

How about the stock market soars even higher because bonds of bankrupt countries are not paying any interest. Where do you bears think all those trillions in bonds are going to go? 😊

[@John-wf5if]

Markets aren't dropping. Sustained dips are outlawed. Up only!!!!

[@Mark-ph5nh]

then the second coming of Jesus! wahhhhhhhhhh

[@Peter-MH]

Love Mr Hanky’s directness! 😂 He doesn’t sugar coat anything - it’s just straight to the point!

[@faithsrvtrip8768]

I respect Professor Hanke's honestly.

[@PaulbylPaulbyl]

Steve's my favorite David Lin guest👍

[@Garybroker54]

He’s a champion and harbinger of truth He is the best lol just hammers Powell over and over🎉

[@masteryoda9044]

Money supply

[@MikesGarageRoute66]

Get ready for inflation to roar back to life.

[@harpreetsingh1675]

[@yabuts]

How to inflate when unemployment is high? Manufacturing is down, goods are stockpiling...check the water, temps are cooling.

[@John-wf5if]

It was always the plan.

[@sethmiller5414]

he is a phenomenal guest very insightful

[@erickieffer4639]

Jerome is a Lawyer. That should tell you all you need to know.

[@qnbits]

He is a money junkie. Oh the IRONY ! A Lawyer running The FED is like a kid running the candy store. It's like a bulimic running the kitchen.

[@NubeSoloX]

Aliens are real

[@teresabarrett8676]

Thank u Mr. Hanke for speaking truth to power, their media mouthpieces and the consumer of America.

[@rockscrambler6700]

Hanke layin' down the law!

[@kevind5026]

Great interview David

[@TheMuttonHeadDigest]

I think hanke is full of Bannana water

[@paulcoenen7918]

Well if you were listening a few months ago when he told you to buy the long bond you would not feel that way. Wondering why do you think he is banana anyway? 😊

[@JohnWalsh2019]

Lucky call but he's wrong on most every other point.

[@bellavistadanes3881]

Thankyou! Really enjoy listening to you interview the Professor!

[@richardextall2002]

"Growing Confidence" - 😂😂😂

[@AdomasDrukcius5683]

The tightening was too aggressive to begin with. The rate hikes have broken an already fragile economy that would have worked out the inflation in the free market. The Fed chose to spark inflation buy napalming the public with stimulus right when the global supply chain was broken and production of good and service basically did not exist during Covid. It was gasoline on the perfect firestorm. Then, instead of letting the inflation work itself out… we hiked rates thousands of times higher than they were in the most massive pounding the Fed has ever given an economy. They chose to break the inflation they created over the backs of the middle class. Now they’re providing a little relief and everyone is acting like it’s going to bring back Covid level inflation and end the world..... Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Donna Mikalonis in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

[@trialgamers2915]

I appreciate the professionalism and dedication of the team behind Donna’s trade signal service..

[@AdomasDrukcius5683]

she's mostly on Telegrams, using the user name

[@AdomasDrukcius5683]

@DonnaMikalonis.

[@Scott.C.Flax44]

Donna Mikalonis Crypto knowledge is like a secret recipe for success…

[@King.Carlo0]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

[@malvo-crypto]

50bps + a Hanke interview, happy days

[@turrafirmaguitarchannel]

Great newsworthy update on the rate hike. Enjoyed your rapport with the professor.

[@matthewthurn]

Professor, what if the next government fiscally spends like a drunken sailor to abate a stock market in free fall?

[@paulcoenen7918]

The next government will be the same government you have now only with a few different faces. Rest assured the drunken sailor spending that is going on right now (but for some reason you don't see it) will continue no matter where the stock market goes.

[@matthewthurn]

@@paulcoenen7918 I see it. Believe you me. It is just by how much?

[@prolific1518]

Stock market won't free fall.

[@dr.bodomuller7938]

Awesome interview! Thank you

[@johnbirman5840]

Hanke’s comment on the Senators being the First to lay blame on the upcoming recession was priceless. Yes! They (along with the House and the Executive) ARE to blame for the massive inflation spike. What a cynical letter. Politically, IF I was a long range politician: I wouldn’t want to be in control the next 4x years. The economic turmoil is “baked in the cake” already (as the good professor loves to opine) I would want to (cynically) be on the Opposition: Deny Everything the New Administration does! Doesn’t matter what Party gets in. The Poop is gonna hit the Fan. And whomever is IN, will get the Blame. And that party will blame Powell. Enjoy your last few months Chairman Powell - you’re the “goat”

[@libran101257]

As usual, they are talking about the inflation rate going down not the fact that prices are inflated. That is easy to see in different charts and in reality maybe the professor should live like 70% of the country. and maybe he may see things differently than just looking at numbers and as we know a lot of those are fake

[@crazytrain848]

Just like reporters reporting on geopolitical issues.

[@Mark-ph5nh]

If I hae listen to you guys, I would have been homeless. End of the world Doom and dead tomorrow calling folks. What makes you to make daily doom videos? I do not know how you carry on daily. Just look at all your past videos and ask, Did whatever you posted came true? ans: NO

[@kiyoshitakeda452]

Thank you both. Very good guest.

[@vremerman]

30, 40 years ago they used to talk about the money supply all the time. People trying to pay down debt, and demand, spending slowing. Demographics of lots of old people who don't need to spend money on consumer items. Illegal immigrants help the spending and building bombs. No one asked about cost of government debt

[@brendanwroe]

Lay off the advertisements Dave, killing me

[@MotorcycleMayhem595]

QE is what's going on with the money supply.....secret QE

[@prolific1518]

It's no secret.

[@MotorcycleMayhem595]

@@prolific1518 go give your mommy a foot massage

[@timmy9332]

Inflation or corporate collusion ?

[@effigy98]

Global M2 is still going up. He is just focused on fed. The countries get together and plan together when to print, taking turns to destroy their currency. The interest costs on debt, entitlements, and endless wars will keep the global M2 supply going.

[@beinquisitive]

Inflation requires the consumer to not be broke. Just sayin'...

[@nasdaqtrader1]

You should get both Steve Hanke & Peter Schiff on at the same time to go head to head on this issue @TheDavidLinReport .... Schiff thinks inflation is gonna spike back hard in the next few months. ⬆️

[@user-im6fy4qp6m]

yeah because he knows what the government will do. hanke is correct assuming things remain constant but he isnt factoring in the massive bailouts and QE that will follow the recession to jack up the money supply again. he also isnt factoring in the foreign wars our illegal regime is tryin to start

[@Terrep]

Hanke's always fkn onnn! Love it Hankes

[@2nostromo]

I always look for money supply forecasts or even status quo info. Its a hard slog deciphering the tea leaves

[@Nahyoutrippin]

This is an interesting interview from a John’s Hopkins professor. He discredited all of the journalists in that fed meeting. Is he right about them being staged?

[@bagel080]

All you have to do is look at fed rate cycle history to know what happens next.

[@ThemStainz]

So our internetdarling miss Jeanna is only there for eyecandy? 😅

[@scifipala]

Thanks guys

[@mariomader8850]

GOOD INTERVIEW HANKE

[@daneomegan]

What about supply shocks caused by the upcoming port strikes?

[@JTK699]

Thank you for having Prof. Steve Hanke !

[@TheKietNguyen-dy1dz]

Great information brother 👍

[@Liquidatedshorts]

Mister Hanke the very certain Xmas PEEP

[@mr.13zn83]

Journalism is almost dead in most publications or TV channels. Whether it is Economics, Middle East or Ukraine.

[@user-im6fy4qp6m]

almost? how are there still idiots like you that think there is even a semblance of genuine journalism in anything mainstream? its all CIA propaganda to spin narratives from the top down. the only real news is independent outfits like the lin channel we are on right now

[@badcharts]

Well done guys!

[@issenvan1050]

Didn’t M2 start its contraction in the Spring of 2022?

[@issenvan1050]

How do inaccurate BLS data affect the GDP & CPI prints?

[@selimtekin4436]

But professor, They can start printing any time they want. You need to consider that.

[@supersteve8305]

We need a recession to wake up our population. People spending like congress does. Deficit spending is rampant now. Saving for retirement is not happening. Wake up population.

[@joeysocks5718]

Hanke’s 90% rule is 100% correct

[@shanesteele778]

David this show might break the records Peter Schiff has a opposing view to Steve Hanke put them together on your show

[@Garybroker54]

He’s (Powell) so far behind the curve it’s unbelievable!! Lol😂. I love Hanke. 🎉

[@vidalnunez4507]

i won't be mad if david lin ends up with a Vegeta, from DBZ, haircut

[@crowneagle2]

Fastest chart man in town! I was cracking up. Heinke froze for a second there.

[@georgedreher2322]

I Thank God that I am financially secure & have no debt. The US manipulated monetary policy & market levels are insane. I sleep well at night not having to risk $$ chasing inflated stock prices controlled by algo seeking machines.

[@BIgBass255]

Your not alone brother, I've been watching this coming for years.

[@markedwards9348]

I don't know how these officials like Powell get up there and lie about everything with a straight face it's quite nauseating.

[@ElainEmail-m7q]

The 50 basis points reduction is best to pair up with the money supply increase to help the economy.

[@markcarlson1945]

Love Hanke's tone. "Screwd in the head"

[@violetlightburst]

Powell not trying to fix anything until end of reset in 2035.

[@skip-intros]

😂😂 Adios! Always an interesting and entertaining interview, with the Professor, David. Thank you 🤝🏻

[@martynsmith6263]

I love Steve. He tells it exactly as he sees it . However every time I hear him talk all I can hear is the voice of Hank from King of the Hil.. haha

[@karenshea7877]

Stagflation, inflation and unemployment are all annoying. Total economic collapse is the worst-case economic scenario.

[@JohnWalsh2019]

Yeah and that's the one we are going to get.

[@zsoltszopko9817]

Lies, lies, lies......oh yeah, and more lies. From the FED.

[@user-im6fy4qp6m]

they are puppets doin what they are told to keep the deep state regime in power

[@base4267]

At 12:10 bro said let me interrupt you David after allready interrupting 3x 😅. This guy's a character

[@paulcoenen7918]

He only interrupted after David tried to interrupt.

[@crusader6962]

FED arrived late. They are going to have to cut faster and faster

[@JohnWalsh2019]

They'll cut then we will have hyper inflation followed by a depression and total collapse.

[@PatamaGomutbutra]

The devalue of dollar relative to other country appear. Despite the 10 year yield up but the USD/THB is the same. Indeed The USD relatively weak vs THB 10% within 2 weeks.

[@jaywang4441]

Right for the most part, but have you ever considered the US China decoupling. The supply of goods and ingredients are declining as well. At the same time they are adding tons of tariffs

[@thecookiechannel7083]

Always good!! Thanks

[@michaelthompson1379]

Thank you!

[@MK_44mag]

Gotta Love Hanke. I'm always waiting to see how long it takes before he brings up the money supply.... only 1 min 45 seconds today 🎉

[@Ironboots123]

In 1980-1981 I was getting 18 percent on 6 month CDs

[@J.Smith-rc6wh]

Steve is such legend, another funny and informative interview, cuts through the bullshit

[@Youtubeuseritis]

Powell - it's not that we are behind the curve but it's that curve is ahead of us 🙂

[@Sideshowbob4100]

He says the money supply is shrinking. How is it possible? Isn't the government still spending money with borrowed money?

[@BlueToronto]

M2 is increasing, not sure what he's talking about.

[@xXdnerstxleXx]

It depends from who'm the government is borrowing. For example if a Warren buffet buys massive amounts of treasuries, the money supply doesn't change as it's just money moving from A to B. Problem with government spending is usually that the money is well... spent on something. It creates competition with its money on jobs with the private sector, aka decreasing the amount of goods created.

[@prolific1518]

​@@BlueToronto you don't understand how to read charts. You did terrible on standardized tests didn't you?

[@JohnWalsh2019]

They will not let the money supply shrink. It only shrinks when they've lost total control.

[@jimfranklin6950]

Super thx! Great interview guys!

[@dustindavid5094]

Michael Howell yesterday stated liquidity is rising. Hanke and Lacey hunt state otherwise. I don’t understand.

[@user-gk1nt6sm2z]

Bidenomics. One giant washing machine, on one very long and fast spin cycle

[@rof8200]

But the US Government is running a 7% deficit, which is set to increase further

[@prolific1518]

Prof came with the 🔥🔥🔥

[@SaadonAksah]

Economy in a good shape he said 😂

[@MonkeyEmpires]

Frustrating times for monetarism.