Steve Hanke 250xErik Townsend and Patrick Ceresna welcome Prof Steve Hanke to MacroVoices. Erik and Steve discuss:

  • Drivers of the recessions over the last 30 years
  • Perspectives on Lehman Brothers failure
  • M4 Money Supply as the broadest measure
  • Dangers in quantitative tightening
  • Commercial banks drive money supply
  • Stabilizing the U.S. Dollar Euro rate
  • Understanding past hyperinflation
  • Perspective on Venezuela's hyperinflation 

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Steve H. Hanke –

Dr. Steve H. Hanke is a Professor of Applied Economics and co-director of the Institute forApplied Economics, Global Health, and the Study of Business Enterprise at The Johns HopkinsUniversity. He is also a Senior Fellow and Director of the Troubled Currencies Project at theCato Institute in Washington, D.C. Hanke is a columnist at Forbes, a well-known currencyreformer, and a commodity trader. He served on President Reagan’s Council of EconomicAdvisers, advised five foreign heads of state and five foreign cabinet ministers, and held acabinet-level rank in Lithuania and Montenegro. Hanke has received seven honorary doctoratedegrees, and is an Honorary Professor at four foreign universities. He was President of TorontoTrust Argentina in Buenos Aires in 1995, when it was the world’s best-performing mutual fund.In 1998, he was named one of the twenty-five most influential people in the world by WorldTrade Magazine.