Warren Buffett Said 200% Is Playing With Fire. We Just Hit 219%

Most traders track inflation through oil prices, tariffs, wages, and supply chains. Steve Hanke of Johns Hopkins says that is the wrong dashboard entirely. Inflation is always and only a monetary phenomenon. Everything else is a symptom. His proof: Japan in 1979 had oil prices spike dramatically. Inflation fell because the Bank of Japan had already cut money supply growth in half. Today US money supply has been accelerating for 18 months and inflation is running at 3.8 percent, nearly double the Fed's target. The genie is out of the bottle. He also argues that dollar dedollarization is bunk, the dollar is becoming more dominant not less, and the practical signal for traders to watch is the money supply with a six month lead on asset prices and a twelve to twenty-four month lead on inflation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 The wrong inflation dashboard most traders use 1:30 Inflation is always a monetary phenomenon 2:30 Japan 1979: oil up, inflation down. Here is why 4:00 Money supply accelerating for 18 months 5:30 The Fed is data dependent: why that is a problem 7:00 FOMC June 14: 97% chance of no change 9:00 Dollar dedollarization is bunk 11:00 14 international currencies in 2500 years 13:00 The practical trading signal: watch money supply 15:00 COVID playbook: money supply predicts everything #SteveHanke #Inflation #MoneySupply #Fed #tastylive #TradingTrends #Dollar #MacroEconomics tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide