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Has the Fed Lost Control of Inflation? Steve Hanke Explains

Interview recorded – 12th of January, 2026

On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Steve Hanke. Steve is a renowned economist, the Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University who has authored many books.

0:00 – Introduction
1:22 – FED BoJ scenario
9:35 – Inflation rising
11:14 – 2025 in review
14:13 – Equities in 2026
16:59 – Bonds & the dollar
19:31 – Problems with inflation
20:24 – Venezuela
24:14 – Any other trends for 2026?
26:15 – One message to take away?

Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.

Credit to : WTFinance

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