Will Fed Cut Rates By 3%? Is Massive Inflation Returning? Economist Steve Hanke Answers

Listen to this episode from The David Lin Report on Spotify. Remove your personal information from the web at https://joindeleteme.com/DAVIDLIN, use code DAVIDLIN for 20% offSteve Hanke, Professor of Applied Economics at Johns Hopkins University, criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the Fed for exacerbating income inequality, and argues that tariffs cause temporary price blips while money supply drives long-term inflation trends.*This video was recorded on July 16, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW STEVE HANKE: X (@steve_hanke): https://x.com/steve_hankeCapital, Interest, And Waiting: https://shorturl.at/jBed6Making Money Work: https://shorturl.at/TLTHCFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.1:19 - Inflation6:22 - PPI vs. CPI long term trends8:20 - CPI analysis10:43 - Tariff talk14:02 - Measuring tradeables and untradeables18:07 - Fed Reserve and Trump feud22:16 - Inflation and money supply26:42 - What happens when Fed stops tightening?29:30 - “Making Money Work”38:16 - The Fed’s role in COVID era policy41:37 - What is wrong with our financial systems that need rewriting?44:13 - Why save money, if it is created?#economy #investing #inflation