Steve Hanke Blog | Talkmarkets | Page 1
Professor of Applied Economics at Johns Hopkins University
Contributor's Links: CATO Institute Forbes

Professor of Applied Economics and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University; Senior Fellow at the Cato Institute; Distinguished Professor at the Universitas Pelita Harapan in Jakarta, Indonesia; Senior ... more


Latest Posts
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Venezuela’s Hyperinflation Drags On For A Near Record—36 Months
Venezuela is the only country in the world that is suffering from the ravages of hyperinflation.
Latin America Sinks Under The Weight Of Its Third-Rate Currencies
Latin America is plagued with many endemic economic problems. As a result, slow growth and economic instability are the order of the day. Latin America is sinking.
The “Strong” Dollar Hits U.S. Corporate Profits
The S&P 500’s technology sector, which generates more than half of its revenue overseas, is heavily exposed to currency risk. Firms that produce materials, energy companies and consumer staples, are also in the crosshairs of a strong dollar.
The Trade War That Never Stops
Over the weekend, the White House suspended the tariff increases against Chinese goods that were scheduled to be imposed on October 15th.
The Saudi Oil Shock: Who Wins, Who Loses
Brent crude prices surged by 15%, from $60/bbl on September 13th to $69/bbl on the 16th, the first trading day after last weekend’s drone attacks.
Worried About A Recession? Relax
Everyone seems to be wringing their hands about what they fear is an oncoming recession.
Hayek On Argentina’s Capital Controls
Since being elected, Macri has been reluctant to reform—a gradualist, “do-nothing” president. But, when backed into a corner of his own making, he acts as if he is bent on committing political suicide.
Financial Miscalculations — A Permanent Solution
The Gregorian calendar has been around since 1582. Even though it is widely used throughout the world, it contains flaws that give rise to confusion and financial miscalculations.
Macri’s Kiss Of Death: Argentina’s Peso And The IMF
The BCRA’s most recent monetary mishap occurred last year when the poor peso lost 58% of its value against the greenback from the start of 2018 until the end of May 2019
U.S. Currency Wars With China—Past And Present
Today’s currency war with China promises to deliver what currency wars always deliver: instability and uncertainty.
The Ever-Solid Hong Kong Dollar
Hong Kong’s currency board works like a charm. Even with mayhem in the streets, the Hong Kong dollar is as solid as a rock. And, it will remain so. No currency board has ever been broken. That’s because they can’t be broken.
China’s Rare Earths, Locked And Loaded
President Trump has picked a fight with China on trade. This has run the gamut of badgering to the imposition of tariffs on Chinese exports to the United States.
The Fed Follows Trump's Tweets, And Does The Right Thing
In adopting its new dovish stance, the Fed has done the right thing. At least, that’s what the data show.
Argentina's Peso, Nothing But Trouble
Argentina released its February inflation statistics. Inflation spiked, again. Indeed, the official annual inflation rate jumped to 51.3%/yr.
A Message For Trump On Trade: Get Real
President Trump and most in his administration believe that the U.S. trade deficit is a “bad” thing caused by foreigners who engage in unfair trade practices.
Bitcoins And Bolivars: Two Hot Potatoes
Twenty years of socialism and scandalous central bank policy in Venezuela produced an annual hyperinflation in Venezuela of 80,000%/yr at the end of 2018. When compared with the U.S. dollar, the Bolivar lost 99.87% of its purchasing power in 2018.
1 to 16 of 26 Posts
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