Steve Hanke @steve_hanke
Professor of Applied Economics @JohnsHopkins | Senior Fellow @IndependentInst | @NRO | FX & Commodity Trader | Reagan White House | Views are my own independent.org/aboutus/person… Baltimore & Paris Joined October 2012-
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UNCHECKED ILLEGAL IMMIGRATION = LOTS OF PROBLEMS. Protests against Irish illegal immigration RAGE ON in Newtownmountkennedy, Ireland. Stay tuned.
Berkshire Hathaway's (BRK-B) stock price jumped 18% in Q1 of '24. Why? In Q1 '24, the largest 10% of companies by market capitalization were up 13.2% vs. 2.8% for the smallest 10% of companies. And, Berkshire only holds LARGE COMPANIES in its portfolio.
#EgyptWatch🇪🇬: Pres. Sisi = ECONOMIC MISMANAGEMENT. = IN A SINKHOLE.
On Friday, devastating tornadoes ripped through the US Midwest, leaving widespread destruction across Iowa & Nebraska. Just more confirmation of Hanke's School Boy’s Theory of History: It's just one damn thing after another.
🇮🇱🇵🇸🇺🇸 ISRAEL-GAZA-USA: DAY 203 RHETORIC vs. REALITY Biden’s Israeli Rhetoric = BARK Biden’s Israeli Reality = NO BITE
#ZIMWatch🇿🇼: Zimbabwe = THE HIGHEST INFLATION RATE IN THE WORLD. Today, I accurately measure Zimbabwe's inflation rate at A SKY-HIGH 2,486%/yr.
#EgyptWatch🇪🇬: هل يستطيع الرئيس السيسي السباحة؟
#EgyptWatch🇪🇬: Thanks to President Sisi's economic mismanagement, Egypt finds itself with a gaping budget deficit of 7.2% of GDP, according to the Egyptian Ministry of Finance. BIG BUDGET DEFICITS = MORE DEBT = MORE ECONOMIC PROBLEMS.
#INDWatch🇮🇳: As the 2024 general election commences, 53% of Indians think that unemployment is India’s biggest problem. Stay tuned.
Heavy flooding in Tanzania and Kenya has taken at least 70 lives. If that’s not bad enough, more rain is expected. This is further confirmation of Hanke’s School Boy’s Theory of History: It’s just one damn thing after another.
#PAKWatch🇵🇰: Supporters of Imran Khan took to the streets in Quetta. They demand the release of CAPTAIN PAKISTAN.
FLASH: Houthi rebels have fired projectiles at US and Israeli-owned commercial vessels in the Gulf of Aden and Red Sea. ISRAEL-GAZA CONFLICT = ESCALATING AND SPREADING.
The Swiss "Neutrality Initiative" collected 130k signatures supporting a constitutional amendment to cement Switzerland as a neutral country. The amendment would prevent the gov't from imposing economic sanctions. That would end ILL-ADVISED sanctions on Russia.
DOGS OF WAR = ENDLESS WAR. According to @SIPRIorg, global military spending in 2023 hit a 35-YEAR HIGH OF $2.4 TRILLION. The US was responsible for over a third, amounting to $916bn. That's nearly ~$7,000 PER US HOUSEHOLD. nytimes.com/2024/04/22/us/…
🇮🇱🇵🇸🇺🇸 ISRAEL-GAZA-USA: DAY 202 RHETORIC vs. REALITY Biden’s Israeli Rhetoric = BARK Biden’s Israeli Reality = NO BITE
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803K Followers 14K Following Venezolano. Exiliado con 3 órdenes de arresto de la dictadura. Alcalde de El Hatillo (2014-2017). Comisionado de la OEA (2018-2023). SAIS Fellow.A classic @MartinKulldorff tweet (it was called that then) from 2021 to summarize the covid era.
Dear Politicians, Don't be fooled. Free speech is still more popular than oppressive, authoritarian censorship. Take a stand for free speech and watch your voters flock to your standard! Sincerely, Jay
"8/2020 I had Kulldorff-Harvard, Bhattacharya-Stanford, Meissner-Tufts, Ladapo-UCLA come to answer Pres Qs Birx 'I won't come' Me 'if she doesn't know enough, is insecure, that's her; we don't cancel the mtg 2' to optics. Ppl are dying, POTUS has Qs' Kushner 'ok, 5min' Met45min👂
I am grateful to @RobertKennedyJr for inviting me to speak at his Oakland speech today to advocate for free speech in public health and for his stalwart support for this vital issue. I met so many interesting people -- a real cross section of America! illusionconsensus.com/p/live-jay-spe…
And to clarify the facts ... no, #NotHindsight
“COVID Lessons Learned: A Retrospective After Four Years” By Stanford's Hoover Institution Senior Fellow Dr. @ScottAtlas_IT, @Comm4Prosperity Pres. Phil @kerpen, Univ. of Chicago Prof. @caseybmulligan, & Johns Hopkins Prof. yours truly. Lesson #5: Shutting Down Schools Was a…
@steve_hanke It's amazing to me that the proprietors of these open science sites agreed to this censorship. It undermines the moral authority of the open science movement that they did so.
Thanks @WSJ. Occasionally, facts get published, even in print journalism. Full report ↪️committeetounleashprosperity.com/wp-content/upl… And yes, it's good to be right 😉
There is an important new report out on the lessons we should learn from the covid era by @kerpen, @ScottAtlas_IT, @steve_hanke, and @caseybmulligan. A thread follows: Lesson #1: Leaders should calm fears, not stoke them. 1/11
@steve_hanke It's shocking, Steve. Scientific journals are supposed to facilitate scientific discussions, not merely serve the propaganda purposes of public health.
Before the Fed precipitates another roller-coaster ride, it must realize that monetary policy is not about interest rates, but about the rate of growth in the money supply. | Steve Hanke & John Greenwood trib.al/eXs2Vic
FEB 8, 2024 COMING SOON! @steve_hanke
Update / correction: It's vicegerents, not viceregents-- (apologies for the auto correct mistake). And here's a direct link to my EJW paper with @steve_hanke: econjwatch.org/File+download/…
.@steve_hanke joined the show and shared his thoughts on the Money Supply, the Fed, outlook moving forward and more! 🔊Hear more on @SXMBusiness🔊
"Maduro y sus políticas socialistas chavistas convirtieron a Venezuela en una pesadilla económica. Vzla ha tenido DOS dolorosos episodios de hiperinflación en los 10 años de su régimen. Hoy, mi medida de la inflación en Vzla es 495%/año, la más alta del mundo" vía @steve_hanke
Pres. Maduro and his socialist Chavismo policies have turned Venezuela into an economic nightmare. VNZ has experienced TWO punishing episodes of hyperinflation during Maduro’s 10-yr. reign. Today, I measure inflation in VNZ at 495%/yr, the highest in the world.
"A word of caution around one of your banking 'fixes'" Senior Fellow @steve_hanke Letter to the Editor published in the @FinancialTimes👇 buff.ly/3zbibtD
"Banks Have Now Become Government-Backed Businesses--Just Look At Silicon Valley Bank" Senior Fellow @steve_hanke and Caleb Hofmann Op-Ed in @DailyCaller👇 dailycaller.com/2023/03/13/opi…
#Economist @steve_hanke perfectly called #inflation to reach 9% in 2022. Now, over-tightening from the #Fed will drive us into a "bad" recession. Here's how bad: youtube.com/watch?v=7tln0N…
روفسور استیو هانکی، استاد اقتصاد کاربردی در دانشگاه جان هاپکینز میگوید ارزش ریال ایران تقریبا با وون کره شمالی برابر است و نرخ تورم امروز ایران از سوریه نیز بالاتر است. آیا ایران شاهد فروپاشی اقتصادی خواهد بود؟ @steve_hanke @HosseiniMahshid
The Fed’s change in course heightens the risk of recession, write John Greenwood and @steve_hanke on.wsj.com/3IwivJ3
We are LIVE tomorrow at 9AM ET with @janetonthemoney and some great guests! LINEUP: - @WVGovernor @JimJusticeWV - @GrantCardone - @steve_hanke - @Grayscale's @Sonnenshein 🔊Tune in on @SXMBusiness🔊