Home » Posts tagged 'steve h. hanke'

Tag Archives: steve h. hanke

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

President Franklin D. Roosevelt: Architect of Monetary Madness and a U.S. Debt Default

President Franklin D. Roosevelt: Architect of Monetary Madness and a U.S. Debt Default Every schoolchild is dutifully taught that President Franklin D. Roosevelt (FDR) was America’s savior. They are repeatedly told that FDR and his New Deal policies pulled the U.S. out of the Great Depression. What nonsense. In fact, FDR was the architect of […]

Continue Reading →

Venezuela’s Episode of Hyperinflation Reaches New “Highs” – Prices Double Every 17.5 Days

Venezuela’s Episode of Hyperinflation Reaches New “Highs” – Prices Double Every 17.5 Days The most important price in an economy is the exchange rate between the local currency and the world’s reserve currency — the U.S. dollar. As long as there is an active black-market (read: free market) for currency and the data are available, […]

Continue Reading →

Venezuela’s Inflation Surges to A New High: 8321%

Venezuela’s Inflation Surges to A New High: 8321% After Venezuela ditched its multiple exchange-rate system and announced that it would introduce a new cryptocurrency (read: the petro), the hapless bolivar staged a bit of a rally. Many people concluded that the rally was the result of these two policy changes. While that conclusion might hold […]

Continue Reading →

Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875%

Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875% The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation. As the bolivar collapsed and inflation […]

Continue Reading →

In Emerging Markets, It’s Time To Dump Most Central Banks, And Their Currencies Too

In Emerging Markets, It’s Time To Dump Most Central Banks, And Their Currencies Too On March 16th, the New York Times carried reportage by Peter S. Goodman, Keith Bradsher and Neil Gough, which was titled “The Fed Acts. Workers in Mexico and Merchants in Malaysia Suffer.” The theme of their extensive reportage is that U.S. […]

Continue Reading →

Why the Saudi Princes are Panicked

Why the Saudi Princes are Panicked The Saudi deputy crown prince, Mohammed bin Salman, recently pulled the plug on an output freeze deal that was scheduled to have been signed by oil producers in Doha, Qatar. Since then, the press has been filled with the same story: Prince Mohammed was offended because Iran was a […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress