Steve H. Hanke
On David Lin’s show, Steve H. Hanke argued that multiple price indices remain elevated and are not trending down, linking persistent affordability pressures to an accelerating money supply despite higher policy rates 1. He contended that monetary policy should be understood via money-supply changes rather than interest rates, and said strong credit demand—particularly tied to AI-related investments—can lift the money supply as banks create deposits through lending even while the Fed raises the funds rate 1. He highlighted affordability strains in areas like housing and diesel-dependent sectors such as trucking and farming 1.
From the window to Oct 4, 05:30 ET — this window's take is still to be written.
Their output
1 this weekStories it travels in
i
The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- David Lin 1 mention
- Scott Bessent 1 mention
What they talk about
- rate hike 1 item
- exchange rate 1 item
- Venezuela 1 item
- owner's equivalent rent 1 item
- data centers 1 item
- semiconductor 1 item
- fuel oil 1 item
- PPI 1 item
See what your own voices say about Steve H. Hanke, every morning.
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