Record inflation levels are coming with no growth, 'the worst of all worlds' - Steve Hanke

Описание: The inflation rate will reach 6% to 9% by year-end, said Steve Hanke, professor of Applied Economics at Johns Hopkins University.

Speaking with David Lin, anchor for Kitco News, Hanke said that in a low growth environment, this represents the "worst of all possible worlds."

0:00 - Phillips Curve
4:00 - 6-9% inflation by year-end
4:50 - What is causing inflation?
6:42 - Labor market and wages
9:08 - Effects of stagflation
10:20 - Methodology for measuring CPI
16:10 - Gold sentiment
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