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Steve Hanke

@steve_hanke • 860,366 subscribers

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

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Trump said: “There is very little happening right now in Gaza.” REALLY? Gaza's Health Ministry reports that Israeli forces have killed 2 Palestinians in the past 24 hours.

Trump said: “There is very little happening right now in Gaza.” REALLY? Gaza's Health Ministry reports that Israeli forces have killed 2 Palestinians in the past 24 hours.

17,161 Aufrufe

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.

1,695,451 Aufrufe

VP JD Vance, take a listen. You might learn something. In 1979, my friend & mentor Milton Friedman attacks big government: “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."

VP JD Vance, take a listen. You might learn something. In 1979, my friend & mentor Milton Friedman attacks big government: “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."

14,276 Aufrufe

Trump said: “There is very little happening right now in Gaza.” REALLY? Gaza's Health Ministry reports that TWENTY Palestinians, including FIVE children, have been killed after a building collapsed due to constant Israeli airstrikes.

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Trump said: “There is very little happening right now in Gaza.” REALLY? Gaza's Health Ministry reports that TWENTY Palestinians, including FIVE children, have been killed after a building collapsed due to constant Israeli airstrikes.

102,084 Aufrufe

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."

258,289 Aufrufe

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.

267,253 Aufrufe

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets in Waziristan to protest the PAK MILITARY GOV'T'S PHONY ARRESTS OF PTI MEMBERS AND IMRAN KHAN'S FAMILY ahead of the October 4th protest march. PAK = A POLICE STATE = FREE THE KHANS.

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets in Waziristan to protest the PAK MILITARY GOV'T'S PHONY ARRESTS OF PTI MEMBERS AND IMRAN KHAN'S FAMILY ahead of the October 4th protest march. PAK = A POLICE STATE = FREE THE KHANS.

27,398 Aufrufe

Commodity market guru Jeff Currie on how the prolonged war on Iran is tightening the ENTIRE energy complex: “Whether you’re talking about diesel, crude oil, or gasoline, all of these markets are getting more thinly stretched. What was supposed to be a transient event has extended on 7 or 8 months and now is starting to have a substantial impact across the entire barrel.”

Commodity market guru Jeff Currie on how the prolonged war on Iran is tightening the ENTIRE energy complex: “Whether you’re talking about diesel, crude oil, or gasoline, all of these markets are getting more thinly stretched. What was supposed to be a transient event has extended on 7 or 8 months and now is starting to have a substantial impact across the entire barrel.”

20,131 Aufrufe

Col. Lawrence Wilkerson on the US Navy's AIRCRAFT CARRIERS: "They are obsolete, trillions of dollars obsolete."

Col. Lawrence Wilkerson on the US Navy's AIRCRAFT CARRIERS: "They are obsolete, trillions of dollars obsolete."

24,103 Aufrufe

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Charsadda to protest the PAK MILITARY GOV'T'S PHONY ARRESTS OF PTI MEMBERS AND IMRAN KHAN'S FAMILY ahead of the September 27 protest march. PAK = POLICE STATE. FREE IMRAN KHAN AND HIS FAMILY.

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Charsadda to protest the PAK MILITARY GOV'T'S PHONY ARRESTS OF PTI MEMBERS AND IMRAN KHAN'S FAMILY ahead of the September 27 protest march. PAK = POLICE STATE. FREE IMRAN KHAN AND HIS FAMILY.

27,324 Aufrufe

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 Aufrufe

Former US Ambassador to the Kingdom Chas Freeman on Saudi Arabia's oil EXPORT collapse: "Saudi Arabia has lost the East pipeline. They can no longer export oil from Yanbu. That aggravates the global energy crisis."

Former US Ambassador to the Kingdom Chas Freeman on Saudi Arabia's oil EXPORT collapse: "Saudi Arabia has lost the East pipeline. They can no longer export oil from Yanbu. That aggravates the global energy crisis."

26,298 Aufrufe

Former British Diplomat Alastair Crooke on why Trump can't easily ramp up his war on Iran: "Once you wind down a war, it's about five times harder to start it up again, because the momentum is gone. The public support has gone. Everything is gone."

Former British Diplomat Alastair Crooke on why Trump can't easily ramp up his war on Iran: "Once you wind down a war, it's about five times harder to start it up again, because the momentum is gone. The public support has gone. Everything is gone."

25,853 Aufrufe

Commodity market guru Jeff Currie on gold vs. Bitcoin: "Bitcoin is not going to replace gold. It's been around for 17 years. It's about a $1.25 trillion market cap. Gold is $30 trillion. It's been around for three millennia."

Commodity market guru Jeff Currie on gold vs. Bitcoin: "Bitcoin is not going to replace gold. It's been around for 17 years. It's about a $1.25 trillion market cap. Gold is $30 trillion. It's been around for three millennia."

35,212 Aufrufe

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."

74,458 Aufrufe

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Peshawar to DEMAND THE IMMEDIATE RELEASE OF IMRAN KHAN. PAK = MILITARY RUNS THE SHOW = 3RD WORLD. FREE IMRAN KHAN.

#PAKWatch🇵🇰: Today, THOUSANDS took to the streets of Peshawar to DEMAND THE IMMEDIATE RELEASE OF IMRAN KHAN. PAK = MILITARY RUNS THE SHOW = 3RD WORLD. FREE IMRAN KHAN.

24,453 Aufrufe

#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.

445,503 Aufrufe

Today, Typhoon Dujuan brought record rainfall, flooding, and landslides to Japan. Five people have died, and six are missing. Just more confirmation of Hanke's Schoolboy Theory of History: It's just one damn thing after another.

Today, Typhoon Dujuan brought record rainfall, flooding, and landslides to Japan. Five people have died, and six are missing. Just more confirmation of Hanke's Schoolboy Theory of History: It's just one damn thing after another.

19,972 Aufrufe

Col. Douglas Macgregor on what the US defeat in Iran means for Israel: “Without the United States and its armed forces, Israel has no chance of survival. It has no chance of overpowering and dominating anybody.”

Col. Douglas Macgregor on what the US defeat in Iran means for Israel: “Without the United States and its armed forces, Israel has no chance of survival. It has no chance of overpowering and dominating anybody.”

26,653 Aufrufe

Former US Ambassador to the Kingdom Chas Freeman on who the world is BLAMING for the Hormuz closure: "So the world now blames the United States more than it does Iran for the distress that the world is in."

Former US Ambassador to the Kingdom Chas Freeman on who the world is BLAMING for the Hormuz closure: "So the world now blames the United States more than it does Iran for the distress that the world is in."

18,945 Aufrufe

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Col. Douglas Macgregor on CORRUPTION IN UKRAINE: “50% of everything we've sent to Ukraine has either ended up in the pockets of Zelensky and his friends, or on the black market being resold all the way to Mexico and the drug cartels.”

Col. Douglas Macgregor on CORRUPTION IN UKRAINE: “50% of everything we've sent to Ukraine has either ended up in the pockets of Zelensky and his friends, or on the black market being resold all the way to Mexico and the drug cartels.”

154,384 Aufrufe • vor 2 Tagen

Distinguished Columbia Univ. Prof. Jeff Sachs on Trump's 35-person cabinet: “Not one of them is trained in technical skills. Not one research PhD, as opposed to China, where half the cabinet is science and technology PhDs. We're led by grifters and fools.”

Distinguished Columbia Univ. Prof. Jeff Sachs on Trump's 35-person cabinet: “Not one of them is trained in technical skills. Not one research PhD, as opposed to China, where half the cabinet is science and technology PhDs. We're led by grifters and fools.”

1,191,178 Aufrufe • vor 1 Monat

For the 6th day, student protests in Tirana, Albania, over GOVERNMENT CORRUPTION turned VIOLENT. PM RAMA’S ALBANIA = MORE PROTESTS + MORE CHAOS.

For the 6th day, student protests in Tirana, Albania, over GOVERNMENT CORRUPTION turned VIOLENT. PM RAMA’S ALBANIA = MORE PROTESTS + MORE CHAOS.

19,677 Aufrufe • vor 13 Stunden

Former US Ambassador Chas Freeman on Israel's trajectory: “Israel is a sociopathic society. It is not just Benjamin Netanyahu, although he's become the symbol of it. Israel is committing suicide: economic suicide, social suicide, and ultimately military suicide.”

Former US Ambassador Chas Freeman on Israel's trajectory: “Israel is a sociopathic society. It is not just Benjamin Netanyahu, although he's become the symbol of it. Israel is committing suicide: economic suicide, social suicide, and ultimately military suicide.”

13,226 Aufrufe • vor 7 Stunden

Distinguished Prof. John Mearsheimer on Ukraine's strikes inside Russia: “The worse the Ukrainian attacks become, the worse the Russian attacks will become, and Ukraine is going to end up being devastated.”

Distinguished Prof. John Mearsheimer on Ukraine's strikes inside Russia: “The worse the Ukrainian attacks become, the worse the Russian attacks will become, and Ukraine is going to end up being devastated.”

58,708 Aufrufe • vor 3 Tagen

#IndiaWatch🇮🇳: Rain sent a crowd running at a Durga Puja pavilion in Kolkata on Saturday night. Officials said at least 19 people died in the stampede.

#IndiaWatch🇮🇳: Rain sent a crowd running at a Durga Puja pavilion in Kolkata on Saturday night. Officials said at least 19 people died in the stampede.

12,418 Aufrufe • vor 13 Stunden

My take on Dialogue works on the DANGER of escalating the war with Iran: “Everybody talks about the oil facilities. But there's another vulnerability: the desalination plants. Human beings need WATER. If Iran targets those plants, the Gulf could face a catastrophe.”

My take on Dialogue works on the DANGER of escalating the war with Iran: “Everybody talks about the oil facilities. But there's another vulnerability: the desalination plants. Human beings need WATER. If Iran targets those plants, the Gulf could face a catastrophe.”

11,626 Aufrufe • vor 12 Stunden

In my interview with David Lin, I explain why Americans are struggling with the soaring cost of living: “Inflation is going up faster than wages. This means that wages adjusted for inflation are going down. They’ve been going down for about six or seven months.” AFFORDABILITY = TRUMP’S ACHILLES HEEL.

In my interview with David Lin, I explain why Americans are struggling with the soaring cost of living: “Inflation is going up faster than wages. This means that wages adjusted for inflation are going down. They’ve been going down for about six or seven months.” AFFORDABILITY = TRUMP’S ACHILLES HEEL.

13,447 Aufrufe • vor 22 Stunden

Col. Douglas Macgregor on the possibility of another escalation in the US-Israeli war on Iran: “The Israelis will lead the attack and we will be obligated to join them. And when we do that, the Iranians will annihilate all that remains of the oil infrastructure on the west side of the Persian Gulf.”

Col. Douglas Macgregor on the possibility of another escalation in the US-Israeli war on Iran: “The Israelis will lead the attack and we will be obligated to join them. And when we do that, the Iranians will annihilate all that remains of the oil infrastructure on the west side of the Persian Gulf.”

27,601 Aufrufe • vor 2 Tagen

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.

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.

1,108,065 Aufrufe • vor 4 Monaten

Distinguished Prof. John Mearsheimer on Saudi's BLUNDER with the Houthis: “The Saudis are screwed. And what are they doing in response? They're escalating. They believe that they can up the ante against the Houthis and beat the Houthis. There is no evidence of this.”

Distinguished Prof. John Mearsheimer on Saudi's BLUNDER with the Houthis: “The Saudis are screwed. And what are they doing in response? They're escalating. They believe that they can up the ante against the Houthis and beat the Houthis. There is no evidence of this.”

23,609 Aufrufe • vor 4 Tagen

For the 3rd day, student protests in Tirana, Albania, over corruption and university conditions turned VIOLENT. PM RAMA’S ALBANIA = MORE PROTESTS + MORE CHAOS.

For the 3rd day, student protests in Tirana, Albania, over corruption and university conditions turned VIOLENT. PM RAMA’S ALBANIA = MORE PROTESTS + MORE CHAOS.

17,374 Aufrufe • vor 3 Tagen

Distinguished Prof. John Mearsheimer on Saudi Arabia vs. Iran: “If the Saudis can't beat the Houthis, how could they possibly beat Iran? Iran versus Saudi Arabia is Bambi versus Godzilla, and Iran is Godzilla.”

Distinguished Prof. John Mearsheimer on Saudi Arabia vs. Iran: “If the Saudis can't beat the Houthis, how could they possibly beat Iran? Iran versus Saudi Arabia is Bambi versus Godzilla, and Iran is Godzilla.”

60,212 Aufrufe • vor 17 Tagen

My view with Mario Nawfal on the Houthis. They are LOCKED AND LOADED: “The Saudis went after the Houthis several years ago, and the Saudis got their clock cleaned. Then the US tried, and we folded our tent. The military high command said basically we can't beat them.”

My view with Mario Nawfal on the Houthis. They are LOCKED AND LOADED: “The Saudis went after the Houthis several years ago, and the Saudis got their clock cleaned. Then the US tried, and we folded our tent. The military high command said basically we can't beat them.”

20,679 Aufrufe • vor 5 Tagen

Distinguished Columbia Prof. Jeff Sachs on the US strikes on Iran: "The US Congress is owned and operated by the Zionist lobby. That's not an exaggeration. That's just a literal fact."

Distinguished Columbia Prof. Jeff Sachs on the US strikes on Iran: "The US Congress is owned and operated by the Zionist lobby. That's not an exaggeration. That's just a literal fact."

748,483 Aufrufe • vor 7 Monaten

Thanks to Israel’s tight censorship, you would hardly know that the Iranians are giving it a pretty good pounding. Tonight, videos escaped the censors.

Thanks to Israel’s tight censorship, you would hardly know that the Iranians are giving it a pretty good pounding. Tonight, videos escaped the censors.

560,231 Aufrufe • vor 6 Monaten

After the Canadians ran ads featuring Pres. Reagan condemning tariffs, Trump lost his cool and halted trade talks. Watch my old boss, Pres. Reagan, DESTROY TARIFFS with clarity and conviction. Trump is no Reagan.

After the Canadians ran ads featuring Pres. Reagan condemning tariffs, Trump lost his cool and halted trade talks. Watch my old boss, Pres. Reagan, DESTROY TARIFFS with clarity and conviction. Trump is no Reagan.

897,059 Aufrufe • vor 11 Monaten

#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.

#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.

155,836 Aufrufe • vor 1 Monat

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.”

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.”

132,138 Aufrufe • vor 1 Monat

Commodity market guru Jeff Currie on why soaring diesel prices matter far beyond the fuel market: “It’s not something that’s going to be resolved in the next several months… I still stand by: all other commodities are dirt and diesel... If diesel goes up, it has a profound impact across the different commodity supply chains.” MORE FUEL FOR THE COMMODITY PRICE SUPER CYCLE.

Commodity market guru Jeff Currie on why soaring diesel prices matter far beyond the fuel market: “It’s not something that’s going to be resolved in the next several months… I still stand by: all other commodities are dirt and diesel... If diesel goes up, it has a profound impact across the different commodity supply chains.” MORE FUEL FOR THE COMMODITY PRICE SUPER CYCLE.

29,101 Aufrufe • vor 11 Tagen