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Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big…

Continue ReadingProfessor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board

Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly…

Continue ReadingLatest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board

Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board

As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve…

Continue ReadingLebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board