Watch: Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke
(youtube.com)
Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%.
Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation.
0:00 - Inflation
8:40 - Biden's Infrastructure Bill
11:10 - Government response
15:46 - Biden's "panic button"
19:00 - Gold sentiment
#inflation #economy #investing
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Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation.
0:00 - Inflation
8:40 - Biden's Infrastructure Bill
11:10 - Government response
15:46 - Biden's "panic button"
19:00 - Gold sentiment
#inflation #economy #investing
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio...
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
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Francisco Gimeno - BC Analyst Who, among those reading and monitoring the financial world since the appearance of COVID is surprised about the actual inflation? Only delusional people were saying the opposite. The US Fed has massively printed money. The financial policies of US have heated the economy. And politicians playing economists seem not to understand this. Professor Hanke is so "common sense" in this interview that is frightening to listen to him about this inflation not being temporary, and that is urgent to be prepared for bad times.