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The Latest Breaking News from Steve Hanke

Ronald Reagan-Era Economic Advisor Steve Hanke Calls Bitcoin's Government Shutdown Rally A 'Flight Of Fantasy'

Veteran economist Steve Hanke dismissed Bitcoin’s (CRYPTO: BTC) rally amid the federal government shutdown as a “flight to fantasy” on Tuesday.

Benzinga

Trump's tariffs are bringing in a 'very significant' amount of revenue, top analyst says: Roughly $350 billion a year

Fortune's Shawn Tully and Steve "the money doctor" Hanke have argued that they bear a strong, uncanny resemblance to a tax western Europe has had for decades.

Fortune

Trump's Tariffs 'Shredded' Decades Of West's Efforts To Wean India Away From Moscow, Says John Bolton

Former national security adviser John Bolton sharply criticized President Donald Trump's tariff strategy on Monday, arguing it has undermined decades of Western efforts to draw India closer and counter China's rise.

Benzinga

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Iran faces water crisis and blackouts after deadly conflict with Israel

Iran is facing a severe water and electricity crisis just weeks after a deadly war with Israel brought the country to a standstill. Although the extreme heat has eased, reservoirs are running dry, daily blackouts continue and economists say years of poor planning and corruption have left the country dangerously…

Radio France Internationale

A new book makes the case for putting money supply at the center of the U.S. economy and re-empowering commercial banks

“Making Money Work” argues that policymakers should once again make banks the centerpiece of the financial ecosystem.

Fortune

Trump claims tariffs will make the U.S. 'rich again.' But 5 undisputed facts about how they work throw cold water on that notion

What we know so far: Tariffs will have a huge effect on the economy—just not the one the President is projecting.

Fortune

How Trump’s tariffs could tank the U.S. economy

Steve Hanke of Johns Hopkins University puts it bluntly: “You can’t win a trade war,” he says.

Fortune

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Trump's Rhetoric on Migrants, Latinos and Thanksgiving, 'Scream 7' Latino Losses: Top Stories of the Week

A roundup of the top stories shaping the lives of Latinos and Hispanics in the U.S. and in the Americas

Latin Times

The 'money doctor' says America is turning European under Biden's industrial policy. 'The Biden agenda could be sporting a beret'

"When France tells you that your industrial policy’s over the top, and worse than theirs, you know you’re in trouble," Steve Hanke tells Fortune.

Fortune

Two economists from different camps see peril in Fed Chair Jerome Powell’s comments on inflation and interest rates from Jackson Hole

The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.

Fortune

The ‘money doctor’ says forget the ‘propaganda’—inflation is ‘history’

Johns Hopkins University economics professor Steve Hanke told CNBC Thursday that, with the money supply contracting, the inflation era is over.

Fortune

2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons

Two top economists agree that inflation is already conquered, and that by continuing the big squeeze, the Fed will likely drive the U.S. into an unnecessary, and possibly steep, recession.

Fortune

‘The Money Doctor’ slams COVID lockdowns as the biggest policy mistake in modern times

Former Reagan advisor Steve Hanke co-authored a paper that found the average lockdown reduced COVID-19 mortality rates by 3.2%.

Fortune

A top economist nicknamed the 'Money Doctor' gives the Fed a failing grade when it comes to taming inflation and saving the economy

A new Fortune report delves into Steve Hanke's analysis of the Fed’s actions leading up to this point.

Fortune

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Fortune

The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession

The Fed's monetary squeeze "is aimed at a problem that’s over, and the effect from here will be to hammer consumer demand and economic growth," predicts Steve Hanke of Johns Hopkins.

Al Jazeera

Zimbabwe’s new gold-backed digital currency: All you need to know

Zimbabwe’s gold-backed digital currency comes a year after it launched gold coins to stabilise its devaluing currency.

France 24

'The Federal Reserve is doing a bad job': Economist Steve Hanke

Federal Reserve Chair Jerome Powell says he won't cause a deep recession but that "pain" is necessary to fight inflation. To curb the largest price increases in four decades, the US Federal Reserve has been raising interest rates this year. "The Fed is doing a bad job because they don't…

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