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Steve Hanke
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@steve_hanke

Steve Hanke

@steve_hanke
Professor of Applied Economics @JohnsHopkins | Senior Contributing Columnist @Fortune | FX & Commodity Trader | Reagan White House | Views are my own
Baltimore & Paris
mises.org/profile/steve-…
Joined October 2012
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  • Pinned
    @steve_hanke
    Steve Hanke
    @steve_hanke
    20h
    #HankeInflationDashboard: By my measurements, this week's top 6 inflators are: 🇻🇪Venezuela — 366.3%/yr 🇰🇵North Korea — 125.5%/yr 🇮🇷Iran —110.0%/yr 🇸🇩Sudan — 97.0%/yr 🇨🇺Cuba — 65.0%/yr 🇸🇾Syria — 32.0%/yr
    5
  • @steve_hanke
    Steve Hanke
    @steve_hanke
    32m
    Scott Bessent on the yen: “I have information that the market doesn't have, and it's ⁠my belief that the Japanese government and that the BOJ will do the things that will lead to a stronger yen” BESSENT = BIG PLAYER = THINKS HE KNOWS MORE THAN THE MARKET.
    1
  • @steve_hanke
    Steve Hanke
    @steve_hanke
    1h
    My latest in @FortuneMagazine on Venezuela's worthless oil reserves: "Venezuela's depletion rate sits at 0.124% per year, indicating that it would take 558 years for PDVSA’s reserves to be halfway depleted... if you have to wait 558 years to produce and sell a barrel of oil,
  • @steve_hanke
    Steve Hanke
    @steve_hanke
    2h
    As a potentially historic Super El Niño takes hold, drought is forcing the Panama Canal to cut maximum daily vessel transits by more than 11% by mid-September. ANOTHER GLOBAL COMMODITY CHOKEPOINT IS NOW AT RISK.
    5
  • @steve_hanke
    Steve Hanke
    @steve_hanke
    3h
    #IranWatch🇮🇷: The rial's FREEFALL continues. Today it hit ANOTHER NEW ALL-TIME LOW. Today, it DEPRECIATED 2.50% against the USD overnight. Over the past two weeks, the rial has DEPRECIATED 11.65% against the USD.
    Made with AI
    1