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

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
__________________________________________________________________
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/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

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/subscription/newsletter.html

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.

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