Is an 'ugly' recession about to hit in 2024? Steve Hanke, Professor of Applied Economics at Johns Hopkins University tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, that the Federal Reserve is 'flying blind' and 'doesn't know what it is doing' when it comes to controlling inflation while maintaining full employment. He says that the Fed needs to focus more on the money supply, and explains why he thinks an 'ugly' recession will hit the U.S. economy in 2024. He also discusses gold and his work on currency boards. 🔥 - Sign Up for a new Trading Account on Prime XBT! 👉 - Receive a deposit bonus of up to $7,000 with promo code: BONUS7K Follow Michelle Makori on Twitter: @MichelleMakori ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Steve Hanke on Twitter: @steve_hanke ( Hanke-Cofnas Gold Sentiment Index: 0:00 - Fed's latest rate hike 4:53 - Money supply and inflation 9:17 - Reces...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)