America's Roundtable - Episodes Tagged with “Uncertainty”

Dr. Steve Hanke | U.S. Inflation at 40-year High | Energy Independence | Failure of Sanctions — Russia

Natasha Srdoc and Joel Anand Samy — Sat, 02 Jul 2022 06:00:00 -0400

Join America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy for a conversation with Dr. Steve H. Hanke, 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. Prof. Hanke served as senior economist on President Ronald Reagan’s Council of Economic Advisers and as senior adviser to the Joint Economic Committee of the U.S. Congress.

The discussion will highlight the reasons that Americans are facing skyrocketing inflation and high gas prices. On America's Roundtable, Professor Hanke will share why he believes that there is a 70 percent chance of a recession impacting America — and stagflation as a real possibility.

"According to what the Fed released on Tuesday, the US money supply (M2) has slowed dramatically in the past two months. If this plunge continues, a recession will begin late in 2022 or early 2023. The Fed is clearly doing what they’ve been doing for some time: flying blind." — Professor Steve Hanke

The conversation will also delve into America and the West's failure to change Russia's behavior as Putin and his generals wage war on the European continent. Professor Hanke, a strong critic regarding the effectiveness of imposing sanctions will share empirical observations and history's lessons regarding this failed effort being pushed by politicians.

CNBC report "Russia’s ruble hit its strongest level in 7 years despite massive sanctions. Here’s why" —

"The reasons are, to put it simply: strikingly high energy prices, capital controls and sanctions themselves. Russia is the world’s largest exporter of gas and the second-largest exporter of oil. Its primary customer? The European Union, which has been buying billions of dollars worth of Russian energy per week while simultaneously trying to punish it with sanctions."

WSJ: Cancel Milton Friedman, and Inflation Is What You Get — By Steve H. Hanke and John Greenwood | June 5, 2022
The word ‘money’ doesn’t even appear in President Biden’s plan to whip inflation.

The lead paragraph of President Biden’s op-ed “My Plan for Fighting Inflation” (May 31) asserts that the global economy faces an inflation problem exacerbated by Vladimir Putin’s war in Ukraine, high oil prices and supply-chain problems. This line of argument shows why the president’s team and the experts at the Federal Reserve were unable to anticipate the inflation conundrum that their economic missteps have forced us into. It also shows why the president’s plan will likely fail to allow us to exit inflation with a smooth landing.

We don’t have a global inflation problem. Inflations are always and everywhere a monetary phenomenon spawned by the creation of excess money by local central banks. China, Japan and Switzerland also face elevated oil prices, supply-chain problems and fallout from the war in Ukraine, but their annual inflation rates are 2.1%, 2.5% and 2.5%, respectively. They have avoided the ravages of inflation because their central banks haven’t produced excessive quantities of money.

Adherence to the tenets of monetarism is nowhere to be found in the Biden White House or the Fed. Chairman Jerome Powell has stressed that we had to “unlearn” monetarism. It looks like Mr. Biden was an attentive student. The word “money” doesn’t even appear in his plan to whip inflation. As he said in 2020, “Milton Friedman isn’t running the show anymore.” As long as Friedman and monetarism remain canceled, the White House and the Fed will be grasping for straws.

Prof. Steve Hanke and John Greenwood
Johns Hopkins University
Baltimore and London

Dr. Steve Hanke | US Inflation at 7.9% — Fastest Pace in 40 Years | Fed's Surplus of Money Fueling Inflation | Failed Policies from Washington, D.C. Leading to Skyrocketing Gas Prices

Natasha Srdoc and Joel Anand Samy — Wed, 30 Mar 2022 20:00:00 -0400

The brilliant economist Dr. Steve Hanke, 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, joins America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy in a timely conversation on the U.S. Labor Department's report on the rising inflation rate - now at 7.9%, the highest in four decades, about increasing interest rate and how it will impact hard working and decent Americans, families and small and medium private enterprises.

On America's Roundtable, key issues and topics impacting America and the world will be brought to the forefront with an in-depth look at how bad policies in Washington, DC, led to skyrocketing gas prices. The discussion will bring to light the Federal Reserve Bank's role in fueling inflation with surplus of money.

Steve H. Hanke is 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. Steve Hanke served on President Ronald Reagan's Council of Economic Advisors and is a leading world expert on measuring and stopping hyperinflation.

Debra LaPrevotte, Fmr. Senior FBI Official | National Security Crisis at the US Southern Border | Consequences of Defunding Police | Second Amendment

Natasha Srdoc and Joel Anand Samy — Sun, 19 Dec 2021 20:00:00 -0500

Debra LaPrevotte, former senior FBI official joins America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy discussing key issues affecting Americans including the national security crisis at the U.S. southern border, the serious consequences of defunding the police, and the significance of the Second Amendment of the U.S. Constitution. Debra retired after 20 years with the Federal Bureau of Investigation (FBI). She served as a Supervisory Special Agent on the International Corruption Unit at FBI Headquarters in Washington D.C. Debra was instrumental in initiating the FBI’s Kleptocracy program and seized more than $1 billion dollars from foreign corrupt officials.

Debra has spent the past 14 years working international corruption investigations. She is also a Forensic Scientist and spent several years on the FBI’s Evidence Response Team Unit at the FBI Lab. Prior to her FBI career, Debra worked for the Department of Defense for five years. Debra has an undergraduate degree from George Mason University and a masters degree in Forensic Science from George Washington University.

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America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit.

America’s Roundtable from Washington D.C. informs, educates, empowers and challenges the listening audience about the importance to restore, strengthen, and protect our freedoms, the rule of law, and free markets. America’s Roundtable advances the ideas of freedom, the significance of freedom of speech, limited government, and the application of free market principles to solve problems.

America’s Roundtable presents in-depth analysis of current events and public policy issues while applying America’s founding principles.

America’s Roundtable is aired by Lanser Broadcasting Corporation on 96.5 FM and 98.9 FM, covering Michigan’s major market and the upper Midwest, SuperTalk Mississippi Media’s 12 radio stations and 50 affiliates reaching every county in Mississippi and also heard in parts of the neighboring states, including Alabama, Arkansas, Louisiana and Tennessee, and through podcast on Apple Podcasts and other key online platforms.

Debra LaPrevotte, Former Senior FBI Official | Illegal Immigration | Transnational Organized Crime and Grand Corruption

Natasha Srdoc and Joel Anand Samy — Sat, 21 Aug 2021 02:00:00 -0400

Join America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy for an in-depth conversation with Debra LaPrevotte, former Supervisory Special Agent, International Corruption Unit at FBI Headquarters on America's illegal immigration and national security crisis at the southern border, the continued fight against transnational organized crime groups and terror networks, and the urgency to address global corruption which adversely impacts developing nations and the United States. Debra was instrumental in initiating the FBI’s Kleptocracy program and seized more than $1 billion dollars from foreign corrupt officials.

According to published reports, more than one million immigrants have illegally entered the United States so far this year with transnational organized crime networks amassing significant wealth through human trafficking, and smuggling of drugs and weapons through a porous US-Mexico border.

On illicit financial flows via crime, corruption and tax evasion that affect the developing world and America's stakeholders, The Financial Times reported:

"According to the report, the world’s governments lose more than half a trillion dollars annually to tax manoeuvres that circumvent the intentions of legislatures by exploiting loopholes and discrepancies in the law. As for blatant illegality, criminals launder more than $2tn every year. Bribes amount to $1.5tn to $2tn globally."

Prior to joining The Sentry, Debra retired after 20 years with the Federal Bureau of Investigation (FBI). Debra served as a Supervisory Special Agent on the International Corruption Unit at FBI Headquarters and was instrumental in initiating the FBI’s Kleptocracy program. Debra traced and seized more than $1 billion dollars from foreign corrupt officials. Debra has spent the past 23 years working international corruption investigations. Debra is also a Forensic Scientist and spent several years on the FBI’s Evidence Response Team Unit at the FBI Lab.

https://ileaderssummit.org/americas-roundtable-podcasts/
https://ileaderssummit.org/services/americas-roundtable-radio/
https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/

America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472

Twitter:
@ileaderssummit
@NatashaSrdoc
@JoelAnandUSA

America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit.