Steve Hanke: Recession Is Coming — The Fed, Trump & Wall Street Are Blind

07/03/2025 Power & Market Steve H. Hanke

Economist Steve Hanke says a U.S. recession is almost inevitable, and warns that the Fed, Wall Street, and Donald Trump are all looking in the wrong direction. In this sharp, wide-ranging interview with James Connor, he explains why ignoring money supply is a fatal flaw in today’s policy and why the economy may be headed for a major contraction.

Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns Hopkins University. He can be followed on X @steve_hanke.

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Meet the Writer

Steve H. Hanke

Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns...

Steve Hanke: Recession Is Coming — The Fed, Trump & Wall Street Are Blind

07/03/2025 Power & Market Steve H. Hanke

Economist Steve Hanke says a U.S. recession is almost inevitable, and warns that the Fed, Wall Street, and Donald Trump are all looking in the wrong direction.

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Steve Hanke warns The Epoch Times of the dangers of the current trajectory of US fiscal policy.

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