The Fed Loses $100 Billion A Year; What Happens When Central Bank Goes 'Bankrupt'? | Steve Hanke

The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

I'm 48years old living in California, I'm hoping to retire at 50 if things keep going well for me. Bought my first house last month and I can't be more proud that am i now. I'm glad I made great decision about my finances that changed me forever but now I can't seem to make any other smart investment.

The thing many seem to be missing from the chart is that once the fed stops cutting, thats when we see the blow off top in btc. So the scenario would be a setup for a double bubble, first peak before the rate cuts, than down as they are cutting and then another peak as they are paused at near 0%. This would likely be the hardest to trade bit it would be right on shedule for a late 2025 top as is to be expected from a normal cycle....currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

how can the FED go bankrupt? theyre the banker and just print more trillions whenever needed. absolute sick game.

Thanks for having Professor Hanke on your program, he is giving America the truth we so badly need.

At best we have a multi decade continual devaluation in the purchasing power, lower standards of living, skyrocketing homeless and crime. At worst we have a crisis and Great Depression soon. Batten down the hatches. There is no chance of a positive outcome.

This can only be fixed by the voter...and since the voter is as dumb as the free spending politicians we are in fact, doomed.

I think someone forgot to tell my local grocery stores that inflation is going down.

Steve Hanke's always got great, data-driven insight into the chicanery in the economy.

Having multiple streams of income is a game-changer for stability. Relying solely on a job may not provide enough financial security due to high rates of tax, it is important to explore additional investment opportunities to surpass one"s expectation

The FED is losing money they print lol

David Lin haircut 💇 indicator indicates a buy

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Hankie was wise to call BS on the Reuters article.

The Prof is just awesome! He made me LMAO. He’s the real deal, reminds me of the Highly effective people I worked with for many years until the idiots took over during the fallout of 2008.

Hanke - baked in the cake again.

How many more bank failures will there be? Some banks are stacking cash. Crypto isn't a good currency backup but gold definitely is. This guest is very good I hope you have him on again. Cut government spending is what I have wanted for years mainly cutting money off from the military industrial complex and ending the endless proxy wars. We could save billions by investing in America first and stop giving economic aid to other countries and their endless wars!

Professor Hanke came to the show 😊😊❤❤thank you

As citizens of the USA - regardless of who gets elected ; If the good professor Hanke has done SO much for President Regan’s staff and saved the economies of several countries like Montenegro , WE NEED a level headed and economic BRAIN like his in the next administration ! QUESTION for the good professor : “ would you allow yourself to be an advisor to the next President’s staff ? “ ( thanks David for asking him )

For lower income Americans the inflation rate for them is way higher than 20%. They live pay check to pay check and all of their money is spent on food, energy, shelter, and insurance.