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3232Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
https://www.digit.info/professor-steve-hanke-says-us-economy-was-flat-over-the-last-year-but-stresses-its-going-to-hit-south/
Sun, 30 Oct 2022 22:30:46 +0000https://www.digit.info/2022/10/30/professor-steve-hanke-says-us-economy-was-flat-over-the-last-year-but-stresses-its-going-to-hit-south/Read more]]>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 recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession to […]
]]>Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board
https://www.digit.info/latest-ghana-inflation-rate-the-highest-in-19-years-economist-recommends-installation-of-currency-board/
Tue, 16 Aug 2022 10:00:59 +0000https://www.digit.info/2022/08/16/latest-ghana-inflation-rate-the-highest-in-19-years-economist-recommends-installation-of-currency-board/Read more]]>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 2% increase in the country’s inflation rate comes at a time when the local currency is reported to have depreciated by as much as 30% […]
]]>Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
https://www.digit.info/lebanon-inflation-rate-surges-to-211-economist-steve-hanke-recommends-a-currency-board/
Sun, 26 Jun 2022 07:30:45 +0000https://www.digit.info/2022/06/26/lebanon-inflation-rate-surges-to-211-economist-steve-hanke-recommends-a-currency-board/Read more]]>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 Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon […]
]]>Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
https://www.digit.info/economist-steve-hanke-warns-salvadoran-bitcoin-adoption-could-completely-collapse-the-economy/
Sun, 20 Jun 2021 17:00:40 +0000https://www.digit.info/2021/06/20/economist-steve-hanke-warns-salvadoran-bitcoin-adoption-could-completely-collapse-the-economy/Read more]]>The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy.” Steve Hanke Wants Countries to Adopt Currency […]