Steve Hanke: Massive Inflation Ahead & Markets 'Totally Complacent' On Iran War

Professor Hanke warns of massive inflation ahead driven by rapid US money supply acceleration and dangerous market complacency regarding geopolitical risks.

A new commodity super cycle is emerging, fueled by severe supply disruptions, tariffs, and potential oil price shocks from Iran conflict scenarios.

Gold serves as a critical geopolitical hedge as de-dollarization myths persist, while supply shocks and infrastructure bottlenecks create distinct investment winners and losers.