Archive for the ‘State of Money’ Category

More Credit, More Money: Poland and the Euro-zone

By Steve H. Hanke Money matters — it’s a maxim of Prof. Milton Friedman that I repeat often in my columns, and to my students in class. Since the Northern Rock bank run of 2007 — the “opening shot” of the recent financial crisis — the money supply, broadly measured, in Poland and the rest...
November 11th, 2013 | Future of Money, Money Timeline, Policy Papers, Resources, State of Money | Read More

Commentary on Troubled Currencies

by Steve Hanke For academics, the term “troubled currency” might be a term of art. But for people who are faced with such a currency, they know a troubled currency when they see one. Today, this is the case for millions of people around the world — most notably in Iran, North Korea, Argentina,...
July 25th, 2013 | History of Money, Money Timeline, Resources, State of Money | Read More

The Fed prints and prints, and no huge consumer price inflation?

The Fed prints and prints, and no huge consumer price inflation?
In this piece, Mark Thornton tries to solve the riddle:  ”Where is the Inflation?” by Mark Thornton Critics of the Austrian School of economics have been throwing barbs at Austrians like Robert Murphy because there is very little inflation in the economy. Of course, these critics are speaking...
January 16th, 2013 | Money Timeline, Popular Articles, Resources, State of Money | Read More

Prof. Steve H. Hanke: Three Options to Restore Value of Iran’s National Currency

Prof. Steve H. Hanke: Three Options to Restore Value of Iran’s National Currency
Interview with Steve H. Hanke By: Kourosh Ziabari   Iran Review  October 25, 2012 Targeted with the biting sanctions of the United States and European Union over its nuclear program, Iran’s economy is experiencing difficult and breathtaking days. The import of vital goods, including medicine...
October 26th, 2012 | Future of Money, Money Timeline, Resources, State of Money | Read More

Hanke Uncovers Iranian Currency Hyperinflation

Hanke Uncovers Iranian Currency Hyperinflation
By Ben Kupferberg  Steve H. Hanke, Professor of Applied Economics and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise, and his team of 10 undergraduates, known as the bullpen, were the first ones to come to the realization that Iran was undergoing...
October 19th, 2012 | Money Timeline, Resources, State of Money | Read More