Steve Hanke's banner
Steve Hanke's profile picture

Steve Hanke

@steve_hanke • 855,657 subscribers

Professor of Applied Economics @JohnsHopkins | Senior Contributing Columnist @Fortune | FX & Commodity Trader | Reagan White House | Views are my own

Shorts

President Trump says that “we don’t need the Hormuz Strait. We have so much oil, our country is not affected by this.” TRUMP = CLEARLY UNHINGED = HAS LOST TOUCH WITH REALITY.

President Trump says that “we don’t need the Hormuz Strait. We have so much oil, our country is not affected by this.” TRUMP = CLEARLY UNHINGED = HAS LOST TOUCH WITH REALITY.

1,695,058 views

Instead of denouncing my friend, mentor and Nobelist Milton Friedman, VP JD Vance should stick to knitting. If he bothered to listen to Friedman, he might learn a thing or two. As Friedman said in 1979: “The government is TOO BIG. It's TOO INTRUSIVE. It RESTRICTS what we can do. It's becoming our master instead of our servant. We've got to react against it and cut it down to size."

Instead of denouncing my friend, mentor and Nobelist Milton Friedman, VP JD Vance should stick to knitting. If he bothered to listen to Friedman, he might learn a thing or two. As Friedman said in 1979: “The government is TOO BIG. It's TOO INTRUSIVE. It RESTRICTS what we can do. It's becoming our master instead of our servant. We've got to react against it and cut it down to size."

26,998 views

Commodity market guru Jeff Currie on how high gold and silver run in a supercycle: "I could see $10,000 gold and $300 silver. I don't think that's unrealistic… Every super cycle we've been through, the 70s and the 2000s, these commodities go up by 7x on average."

Commodity market guru Jeff Currie on how high gold and silver run in a supercycle: "I could see $10,000 gold and $300 silver. I don't think that's unrealistic… Every super cycle we've been through, the 70s and the 2000s, these commodities go up by 7x on average."

257,298 views

Hundreds of students marched in Jakarta, Indonesia, AGAINST President Prabowo’s spending agenda, fuel price hikes, and Prabowo's troubled free meals program. NO WONDER THE RUPIAH IS TANKING.

Hundreds of students marched in Jakarta, Indonesia, AGAINST President Prabowo’s spending agenda, fuel price hikes, and Prabowo's troubled free meals program. NO WONDER THE RUPIAH IS TANKING.

266,937 views

Commodity market guru Jeff Currie on why hard assets are "INFLATION-PROOF": "You can't print molecules, you can't print calories, and you can't print atoms. That's what makes hard assets really different from other assets."

Commodity market guru Jeff Currie on why hard assets are "INFLATION-PROOF": "You can't print molecules, you can't print calories, and you can't print atoms. That's what makes hard assets really different from other assets."

26,622 views

Commodity market guru Jeff Currie on Pres. Trump's so-called deals with Iran: “Five deal announcements, zero closes… sell the tweet, buy the molecule.” HEADLINES LIE, MOLECULES DON’T.

Commodity market guru Jeff Currie on Pres. Trump's so-called deals with Iran: “Five deal announcements, zero closes… sell the tweet, buy the molecule.” HEADLINES LIE, MOLECULES DON’T.

131,435 views

Instead of denouncing my friend, mentor and Nobelist Milton Friedman, VP JD Vance should stick to knitting. If he bothered to listen to Friedman, he might learn a thing or two. As Friedman said in 1979: “The government is TOO BIG. It's TOO INTRUSIVE. It RESTRICTS what we can do. It's becoming our master instead of our servant. We've got to react against it and cut it down to size."

Instead of denouncing my friend, mentor and Nobelist Milton Friedman, VP JD Vance should stick to knitting. If he bothered to listen to Friedman, he might learn a thing or two. As Friedman said in 1979: “The government is TOO BIG. It's TOO INTRUSIVE. It RESTRICTS what we can do. It's becoming our master instead of our servant. We've got to react against it and cut it down to size."

27,094 views

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Kashmir to demand an END to the PAK GOV'T'S ELECTION INTERFERENCE IT'S TIME FOR FIELD MARSHAL ASIM MUNIR AND THE CORRUPT PAK GOV'T TO TAKE THE EXIT DOOR. FREE IMRAN KHAN.

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Kashmir to demand an END to the PAK GOV'T'S ELECTION INTERFERENCE IT'S TIME FOR FIELD MARSHAL ASIM MUNIR AND THE CORRUPT PAK GOV'T TO TAKE THE EXIT DOOR. FREE IMRAN KHAN.

30,829 views

Distinguished commodity market guru Jeff Currie on gold's long-term outlook: "Gold's going to leg up again probably another 2xer from here...towards $10,000 because the debasement story."

Distinguished commodity market guru Jeff Currie on gold's long-term outlook: "Gold's going to leg up again probably another 2xer from here...towards $10,000 because the debasement story."

74,154 views

Commodity market guru Jeff Currie on the underlying cause of the commodity price supercycle: "These sectors are severely underinvested. Metals and mining capex is down 35% from its peak. You need a lot of metal in those data centers, and metal for the grid and transformers."

Commodity market guru Jeff Currie on the underlying cause of the commodity price supercycle: "These sectors are severely underinvested. Metals and mining capex is down 35% from its peak. You need a lot of metal in those data centers, and metal for the grid and transformers."

45,554 views

Commodity guru Jeff Currie on the AMERICAN ENERGY DOMINANCE MYTH: "The US talks a big game in energy. It refines 17M bbls of crude per day, but only produces 13.5M bbls. That's a crude deficit. It's not energy dominance. Thanks to the Canadians, the deficit is being filled."

Commodity guru Jeff Currie on the AMERICAN ENERGY DOMINANCE MYTH: "The US talks a big game in energy. It refines 17M bbls of crude per day, but only produces 13.5M bbls. That's a crude deficit. It's not energy dominance. Thanks to the Canadians, the deficit is being filled."

41,651 views

Commodity market guru Jeff Currie on the commodity price supercycle: "The best-performing asset class this decade is commodities. People forget, every one of those spikes you're banking it, in silver, gold, oil, diesel, all of it."

Commodity market guru Jeff Currie on the commodity price supercycle: "The best-performing asset class this decade is commodities. People forget, every one of those spikes you're banking it, in silver, gold, oil, diesel, all of it."

43,305 views

#PAKWatch🇵🇰: Today, Pakistani police DENIED Imran Khan's sisters a meeting with their brother. This DEFIES the court order for twice-weekly access. PAK = NO RULE OF LAW = 3RD WORLD. FREE IMRAN KHAN.

#PAKWatch🇵🇰: Today, Pakistani police DENIED Imran Khan's sisters a meeting with their brother. This DEFIES the court order for twice-weekly access. PAK = NO RULE OF LAW = 3RD WORLD. FREE IMRAN KHAN.

43,547 views

#TurkeyWatch 🇹🇷: Özgür Özel’s supporters rallied in Ankara, while Kemal Kılıçdaroğlu held a rival gathering at CHP party HQ. Both camps traded accusations over the party’s future. PRES. ERDOĞAN'S STRATEGY SEEMS TO BE WORKING.

#TurkeyWatch 🇹🇷: Özgür Özel’s supporters rallied in Ankara, while Kemal Kılıçdaroğlu held a rival gathering at CHP party HQ. Both camps traded accusations over the party’s future. PRES. ERDOĞAN'S STRATEGY SEEMS TO BE WORKING.

65,679 views

Commodity market guru Jeff Currie on the market's biggest disconnect right now: "In my entire career, I have never seen energy this tight, yet the world focuses on tech ... while the best-performing asset class (commodities) is ignored."

Commodity market guru Jeff Currie on the market's biggest disconnect right now: "In my entire career, I have never seen energy this tight, yet the world focuses on tech ... while the best-performing asset class (commodities) is ignored."

32,883 views

Commodity market guru Jeff Currie on the ONE oil number that matters right now: "The only thing that matters is the ships coming out of the straits, and right now it's zero. All the hot air, there's only one number that matters. It's that flow of oil."

Commodity market guru Jeff Currie on the ONE oil number that matters right now: "The only thing that matters is the ships coming out of the straits, and right now it's zero. All the hot air, there's only one number that matters. It's that flow of oil."

26,597 views

#PAKWatch🇵🇰: In Karachi, Pakistan, police are blocking the media from entering the location where the votes are tallied. In Pakistan, the MILITARY RUNS THE SHOW & COUNTS THE VOTES.

#PAKWatch🇵🇰: In Karachi, Pakistan, police are blocking the media from entering the location where the votes are tallied. In Pakistan, the MILITARY RUNS THE SHOW & COUNTS THE VOTES.

445,481 views

Distinguished UChicago Prof. John Mearsheimer on why the US Ambassador to Israel Mike Huckabee is UNQUALIFIED for the job: “[Those] who allow their religious views to influence their policy perspective simply should not be in important government positions.”

Distinguished UChicago Prof. John Mearsheimer on why the US Ambassador to Israel Mike Huckabee is UNQUALIFIED for the job: “[Those] who allow their religious views to influence their policy perspective simply should not be in important government positions.”

49,414 views

Ruchir Sharma, Chairman of Rockefeller International, on Americans’ overexposure in the equity market: “America is the only country where people have more of their wealth in the stock market than in the property market.”

Ruchir Sharma, Chairman of Rockefeller International, on Americans’ overexposure in the equity market: “America is the only country where people have more of their wealth in the stock market than in the property market.”

67,341 views

Distinguished UChicago Prof. John Mearsheimer on why Trump’s war on Iran is strengthening Tehran: “The longer the war goes on, the more coercive leverage the Iranians have over the United States.”

Distinguished UChicago Prof. John Mearsheimer on why Trump’s war on Iran is strengthening Tehran: “The longer the war goes on, the more coercive leverage the Iranians have over the United States.”

26,737 views

Videos

LIVE
1.2k

Anya Rossi

sweetdream.ai

SweetDream.aiSponsored•Livecam
Streaming Now

Watch Anya Live

Anya is streaming live right now! Join her private show and enjoy exclusive content.

HD live stream
Exclusive private shows
1.2k viewers online

Free preview available • Premium content

Commodity market guru Jeff Currie on the commodity price supercycle: “At this point you just want to be long the whole entire complex. Own the energy. Own gold. Own silver. Own grains. Own copper. Own every single one of these markets right now.”
0:22
steve_hanke's profile picture

Commodity market guru Jeff Currie on the commodity price supercycle: “At this point you just want to be long the whole entire complex. Own the energy. Own gold. Own silver. Own grains. Own copper. Own every single one of these markets right now.”

Steve Hanke

129,557 views • 5 days ago

#PAKWatch🇵🇰: Since June, the Pakistani Military Government has interfered with elections and KILLED AT LEAST 100 PEOPLE IN KASHMIR. Last night, THOUSANDS protested in Rawalakot. WELCOME TO FIELD MARSHAL ASIM MUNIR'S PAKISTAN, WHERE THE MILITARY RUNS THE SHOW. FREE IMRAN KHAN.
0:27
steve_hanke's profile picture

#PAKWatch🇵🇰: Since June, the Pakistani Military Government has interfered with elections and KILLED AT LEAST 100 PEOPLE IN KASHMIR. Last night, THOUSANDS protested in Rawalakot. WELCOME TO FIELD MARSHAL ASIM MUNIR'S PAKISTAN, WHERE THE MILITARY RUNS THE SHOW. FREE IMRAN KHAN.

Steve Hanke

20,471 views • 19 hours ago

Former US Middle East negotiator Aaron David Miller on the Iran sanctions: “The five areas that the Americans want to target: gold, shipping, aviation, crypto, and digital services. Those five are going to hurt the Iranian public before they hurt the regime.”
0:29
steve_hanke's profile picture

Former US Middle East negotiator Aaron David Miller on the Iran sanctions: “The five areas that the Americans want to target: gold, shipping, aviation, crypto, and digital services. Those five are going to hurt the Iranian public before they hurt the regime.”

Steve Hanke

13,133 views • 10 hours ago

Former US Middle East negotiator Aaron David Miller on the Gulf states: “The biggest losers, if the war ended tomorrow, would clearly be the Gulf States, because what is at stake now is the whole notion of the Dubai model, which depends on security and stability.”
0:31
steve_hanke's profile picture

Former US Middle East negotiator Aaron David Miller on the Gulf states: “The biggest losers, if the war ended tomorrow, would clearly be the Gulf States, because what is at stake now is the whole notion of the Dubai model, which depends on security and stability.”

Steve Hanke

15,791 views • 15 hours ago

Geopolitics expert Alexander Mercouris on Zelensky’s push to intensify Ukraine’s drone campaign against Russia: “Ukraine's drone offensive against Russia... has brought Ukraine nothing but disaster, provided the Russians with the perfect pretext to hit back with 100-fold power.”
1:05
steve_hanke's profile picture

Geopolitics expert Alexander Mercouris on Zelensky’s push to intensify Ukraine’s drone campaign against Russia: “Ukraine's drone offensive against Russia... has brought Ukraine nothing but disaster, provided the Russians with the perfect pretext to hit back with 100-fold power.”

Steve Hanke

15,064 views • 16 hours ago

Geopolitics expert Alexander Mercouris on what further Russian strikes could do to Ukraine’s energy grid: “Further massive strikes against [Ukraine's energy grid] ... could quite quickly bring it to the point of total collapse.”
1:01
steve_hanke's profile picture

Geopolitics expert Alexander Mercouris on what further Russian strikes could do to Ukraine’s energy grid: “Further massive strikes against [Ukraine's energy grid] ... could quite quickly bring it to the point of total collapse.”

Steve Hanke

11,532 views • 12 hours ago

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Kashmir to protest the PAK GOV'T'S ELECTION INTERFERENCE. SINCE JUNE, PAKISTANI AUTHORITIES HAVE KILLED OVER 50 PEOPLE IN KASHMIR. FREE IMRAN KHAN.
4:31
steve_hanke's profile picture

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Kashmir to protest the PAK GOV'T'S ELECTION INTERFERENCE. SINCE JUNE, PAKISTANI AUTHORITIES HAVE KILLED OVER 50 PEOPLE IN KASHMIR. FREE IMRAN KHAN.

Steve Hanke

155,421 views • 12 days ago

In the words of Milton Friedman: “The great achievements of civilization have not come from government bureaus.” Capitalism and free enterprise are the ONLY MEANS TO ACHIEVE PROSPERITY. VP JD Vance, take a listen. You might learn something.
0:59
steve_hanke's profile picture

In the words of Milton Friedman: “The great achievements of civilization have not come from government bureaus.” Capitalism and free enterprise are the ONLY MEANS TO ACHIEVE PROSPERITY. VP JD Vance, take a listen. You might learn something.

Steve Hanke

23,301 views • 1 day ago

Today, Israel did what the US said it wasn't supposed to do. IT ATTACKED BEIRUT. In response, Iran attacked Israel. Just as I predicted on Mario Nawfal June 4th, ISRAEL WOULD ACT AS A SPOILER AND SABOTAGE THE US-IRAN PEACE PROCESS.
0:23
steve_hanke's profile picture

Today, Israel did what the US said it wasn't supposed to do. IT ATTACKED BEIRUT. In response, Iran attacked Israel. Just as I predicted on Mario Nawfal June 4th, ISRAEL WOULD ACT AS A SPOILER AND SABOTAGE THE US-IRAN PEACE PROCESS.

Steve Hanke

1,107,965 views • 2 months ago

For the 92nd day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.
0:36
steve_hanke's profile picture

For the 92nd day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.

Steve Hanke

18,003 views • 1 day ago

#PAKWatch🇵🇰: Since June, the Pakistani Military Government has KILLED AT LEAST 50 PEOPLE IN KASHMIR WHILE INTERFERING IN ELECTIONS. Today, THOUSANDS protested. WELCOME TO FIELD MARSHAL ASIM MUNIR'S PAKISTAN, WHERE THE MILITARY RUNS THE SHOW. FREE IMRAN KHAN.
1:29
steve_hanke's profile picture

#PAKWatch🇵🇰: Since June, the Pakistani Military Government has KILLED AT LEAST 50 PEOPLE IN KASHMIR WHILE INTERFERING IN ELECTIONS. Today, THOUSANDS protested. WELCOME TO FIELD MARSHAL ASIM MUNIR'S PAKISTAN, WHERE THE MILITARY RUNS THE SHOW. FREE IMRAN KHAN.

Steve Hanke

27,471 views • 3 days ago

#IDNWatch🇮🇩: More than 300 people were detained in Jakarta after protests against government policies and corruption erupted into riots. CORRUPTION CONTINUES TO BE A BURDEN IN INDONESIA.
0:24
steve_hanke's profile picture

#IDNWatch🇮🇩: More than 300 people were detained in Jakarta after protests against government policies and corruption erupted into riots. CORRUPTION CONTINUES TO BE A BURDEN IN INDONESIA.

Steve Hanke

28,493 views • 4 days ago

For the 91st day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.
1:02
steve_hanke's profile picture

For the 91st day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.

Steve Hanke

17,917 views • 2 days ago

Distinguished Prof. John Mearsheimer on the US blockade of Iran: “If you're Chinese, Russian, or Turkish, the last thing you want to see happen here is the United States defeat Iran. You want to see Iran win the war.”
0:24
steve_hanke's profile picture

Distinguished Prof. John Mearsheimer on the US blockade of Iran: “If you're Chinese, Russian, or Turkish, the last thing you want to see happen here is the United States defeat Iran. You want to see Iran win the war.”

Steve Hanke

31,602 views • 5 days ago

#VNZWatch🇻🇪: As Special Adviser on Economic, Monetary, and Energy Affairs to Congressman Antonio Ecarri A., I recommend you listen. Congressman Antonio Ecarri A. lays out the case for dollarization clearly and concisely. TO CRUSH INFLATION, VENEZUELA MUST DITCH THE BOLÍVAR AND DOLLARIZE.
1:24
steve_hanke's profile picture

#VNZWatch🇻🇪: As Special Adviser on Economic, Monetary, and Energy Affairs to Congressman Antonio Ecarri A., I recommend you listen. Congressman Antonio Ecarri A. lays out the case for dollarization clearly and concisely. TO CRUSH INFLATION, VENEZUELA MUST DITCH THE BOLÍVAR AND DOLLARIZE.

Steve Hanke

18,830 views • 2 days ago

For the 90th day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.
0:35
steve_hanke's profile picture

For the 90th day, protesters of the FLAMINGO REVOLUTION took to the streets of Tirana. Albanians continue to protest PM Rama's CORRUPT GOV'T and Trump's son-in-law Jared Kushner's luxury resort project. THE FLAMINGO REVOLUTION HAS LEGS. IT'S TIME FOR PM RAMA TO PACK HIS BAGS.

Steve Hanke

22,460 views • 3 days ago

Distinguished Prof. John Mearsheimer on whether US foreign policy has a moral compass: “The United States and the West are morally bankrupt. What we have seen take place in Gaza since 2023 is a genocide and the United States is complicit in the genocide.”
0:37
steve_hanke's profile picture

Distinguished Prof. John Mearsheimer on whether US foreign policy has a moral compass: “The United States and the West are morally bankrupt. What we have seen take place in Gaza since 2023 is a genocide and the United States is complicit in the genocide.”

Steve Hanke

29,116 views • 5 days ago

Distinguished Prof. John Mearsheimer on whether Russia will attack a NATO country: “To start a war with NATO at this point in time and bring NATO into the fight would only work to Ukraine's advantage. So I don't think the Russians will do that.”
0:25
steve_hanke's profile picture

Distinguished Prof. John Mearsheimer on whether Russia will attack a NATO country: “To start a war with NATO at this point in time and bring NATO into the fight would only work to Ukraine's advantage. So I don't think the Russians will do that.”

Steve Hanke

25,564 views • 5 days ago

#PAKWatch🇵🇰: Today, following a Supreme Court decision, Imran Khan is set to be FINALLY TRANSFERRED to Shifa Hospital to receive proper medical care. FIELD MARSHAL ASIM MUNIR'S CORRUPT PAK GOV'T HAS BEEN TRYING TO STOP THIS. PAK GOV'T = 3RD WORLD = TIME TO TAKE THE EXIT DOOR. FREE CAPTAIN PAKISTAN.
0:38
steve_hanke's profile picture

#PAKWatch🇵🇰: Today, following a Supreme Court decision, Imran Khan is set to be FINALLY TRANSFERRED to Shifa Hospital to receive proper medical care. FIELD MARSHAL ASIM MUNIR'S CORRUPT PAK GOV'T HAS BEEN TRYING TO STOP THIS. PAK GOV'T = 3RD WORLD = TIME TO TAKE THE EXIT DOOR. FREE CAPTAIN PAKISTAN.

Steve Hanke

57,300 views • 12 days ago

Former British Diplomat Alastair Crooke on how Zelensky's gamble cost Ukraine its coastline: "His attack on the ships in the Azov Sea invited a Russian counterattack and killed his own ability to export grain. As a result, he lost Odessa. Ukraine is now a landlocked country."
0:26
steve_hanke's profile picture

Former British Diplomat Alastair Crooke on how Zelensky's gamble cost Ukraine its coastline: "His attack on the ships in the Azov Sea invited a Russian counterattack and killed his own ability to export grain. As a result, he lost Odessa. Ukraine is now a landlocked country."

Steve Hanke

155,683 views • 1 month ago