Silver as an investment

Category Archives: the Johns Hopkins University

Zimbabwe’s Inflation Monitor: A Weekly Update

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. The annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent (see table below). At the peak of Zimbabwe’s hyperinflation episode in November 2008, Zimbabweans […]

Zimbabwe’s Inflation Monitor: A Weekly Update

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. The annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent (see table below).  At the peak of Zimbabwe’s hyperinflation episode in November 2008, […]

Venezuela’s Grim Reaper: A Current Inflation Measurement, Including a Note on the IMF’s Musings on Inflation

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. 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 […]

Democracy Vs. Liberty: Trump Fails To Understand The Founders, As Have All Presidents Since Wilson

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In the aftermath of World War I, President Woodrow Wilson set out to make the world safe for democracy. Since then, U.S. Presidents have marched to the drumbeat of Wilsonian idealism. Indeed, most U.S. foreign policy is carried out under […]

Stop Venezuela’s Economic Death Spiral — Dollarize, Now

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. Venezuela’s bolivar is worthless and its annual inflation rate is the world’s highest: 1195%. Not surprisingly, Venezuelans get rid of their bolivars like hot potatoes and replace them with U.S. dollars. So, Venezuela is, to a large extent, unofficially dollarized.  […]

Saudis In A Tight Corner — The Princes Make Clever Moves & Mistakes, Too

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The fanfare surrounding President Trump’s visit to Saudi Arabia failed to lift the shroud off the very tight corner that the Kingdom was in. It is a corner that some of the Princes realize they have allowed themselves to be […]

The State of War in Syria – In Two Charts

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The fog of war, coupled with the output from multiple propaganda machines, makes it difficult to determine which side has the upper hand in any conflict. In Syria, it appears from recent reportage from Aleppo that President Bashar al-Assad’s forces […]

The Simple Analytics of Why President-Elect Trump’s Policies Will Probably Result in a Trade War with China

Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The United States has recorded a trade deficit in each year since 1975. This is not surprising. After all, we spend more than we save, and this deficit is financed via a virtually unlimited U.S. line of credit with the […]