Customer Quote by Steve Hanke
“Until the Fed dumps inflation targeting and the U.S. abandons its weak-dollar policy, inflation will rule the day.”
About This Quote
Source Speech: Economic Forecast, Steve Hanke, 2023
Inflation will dominate unless policy shifts away from weak-dollar and targeting strategies.
In simple terms: Inflation will rule without policy change.
Advocate stronger monetary policies.
Themes
Mood
Type
When to use this quote
- central bank meetings
- budget planning
- investment decisions
Key Concepts
Questions to Reflect On
- How to influence monetary policy?
- What are alternatives to weak-dollar policy?
Policy changes may be politically difficult.