Macro Voices

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October 18, 2018  

Prof Steve Hanke: M4 is the most under appreciated indicator

October 18, 2018

Erik Townsend and Patrick Ceresna welcome Prof Steve Hanke to MacroVoices. Erik and Steve discuss drivers of the recessions over the last 30 years, perspectives on Lehman Brothers failure, M4 Money Supply as the broadest measure, dangers in quantitative tightening, commercial banks drive money supply, stabilizing the U.S. Dollar Euro rate, understanding past hyperinflation, and some perspective on Venezuela's hyperinflation