Americans 'Revolted Against Elites'; Economist Called Trump Win, Predicts What's Next | Steve Hanke
Description
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses why the Republicans won a full sweep, and what's next for the economy now that Trump has won the Presidency.
Watch Steve Hanke's last interview with me, in which he called a Trump victory: https://youtu.be/4j-UidY6Rs0?si=BDfDdGioEEGZ7jRj
*This video was recorded on November 7, 2024
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0:00 - Intro
1:36 - Fed and Trump’s fiscal policies
6:50 - Trump’s “Golden Age”
12:03 - Efficiency commission
14:55 - Deficit
19:07 - Tariffs and inflation
21:42 - Will Jerome Powell be fired?
24:14 - Trump and Fed independence
25:40 - Debt and monetary policy
29:50 - Debt and fiscal policies
31:25 - Markets’ reaction to Trump win
35:10 - Americans ‘revolted’
44:45 - Reducing income inequality
46:55 - Full sweep, what’s next?
49:25 - Future of wars
#economy #trump #election
United States
