Economist’s “News and Views” Friday 5-3-2024
Will Higher Taxes Crash Markets? Is The Fed Losing Independence? Economist Steve Hanke Answers
David Lin: 5-3-2024
Steve Hanke, Professor of Applied Economics, addresses a supposed 10-page document outlining a "secret" plan to curtail the Federal Reserve's independence, as well as rising inflation concerns and monetary policy outlook.
0:00 - Intro
0:38 - the Fed
13:24 - Capital gains tax increases
31:16 - Inflation and monetary policy
35:58 - Cantillon Effect
42:17 - Argentina's budget surplus
EXPECT BANK RUNS: HUNDREDS of US Banks WILL FAIL and Face Bank Deposit Runs Soon
Lena Petrova: 5-3-2024
BRICS - who’s behind the curtain - LFTV Ep 171
Kinesis Money:
In this week’s episode of Live from the Vault, Andrew Maguire guides viewers through the community’s inquiries regarding the short, medium and long-term prospects for physical gold prices.
The seasoned precious metals expert unveils the behind-the-scenes manoeuvres influencing gold and silver markets, providing insights into the forthcoming BRICS currency, and offering a glimpse into what lies ahead.
Timestamps:
00:00 Start
02:05 BRICS currency update
08:15 Forced Basel III NSFR compliance coming to a head?
14:30 How has the Bank of International Settlements (BIS) viewed the recent price breakout? 19:50 The physical market is driving these changes
24:40 What Andrew is seeing in the markets for the short-term