Steve Hanke, Professor of Applied Economics, analyzes the latest inflation data, and discusses the Fed's financials, Donald Trump's economic platform, and banks' operational risks.
*This video was recorded on July 26, 2024
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0:00) - Intro 1:20) - U.S.inflation 5:10) - Fed's actual loss 8:51) - Global inflation 17:46) - "America is going bankrupt" 21:54) - Trump's economic agenda 27:46) - JD Vance wants weaker dollar 38:10) - Trump wants Bitcoin strategic reserve 43:00) - Banks' operational risks