Fed ‘Flying Blind’ Into ‘Ugly’ Recession in 2024, Only This Will Make Powell Pivot, Hanke: Video

Steve Hanke, an Applied Economics Professor at Johns Hopkins University, expresses concerns about the Federal Reserve’s ability to manage inflation and employment. According to Hanke, the Fed lacks a clear understanding of its actions and is “flying blind.” He emphasizes the importance of monitoring the money supply and predicts that an “ugly” recession will impact the U.S. economy in 2024. Additionally, Hanke touches on the topic of gold and his involvement with currency boards.