Economist Warns 50-Year Crisis To Break Market Bubble | Steve Hanke

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the global impact of the closure of the Strait of Hormuz, as well as what's next for the economy if the oil price continues to rise.

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*This video was recorded on March 6, 2026

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0:00 - Oil Crisis Risk: Hormuz shock vs 1979
13:06 - Oil Markets: supply shock and policy response
18:23 - Inflation: oil vs money supply debate
30:21 - Stocks: bubble risk and war shock
41:49 - Geopolitics: Iran war and global fallout
47:06 - Hanke's work

#iran #investing #oil