Inflation Headed Down From Here, Despite Tariffs

President & Co-Founder at Peak Prosperity • Aug 22, 2025 at 3:19 PM EDT

Inflation will fall over the coming quarters -- and, yes, that's even when taking the tariffs into consideration.

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As the world awaits Federal Reserve Chairman Jerome Powell's speech at Jackson Hole, the question on everyone's mind is:

Where is inflation headed from here?

Is it set to surge as the Trump tariffs start being felt in full force?

Or is it set to trend downwards to the Fed's 2.0% target due to a slowing economy?

To discuss the latest possibilities, we have the good fortune to sit down and get a full update today from Steve Hanke, professor of applied economics at the Johns Hopkins University in Baltimore, Maryland.

Steve is confident that the Quantity Theory Of Money formula projects that inflation will fall over the coming quarters -- and, yes, that's even when taking the tariffs into consideration.

Video Length: 01:30:07

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