Economic Quote by Steve Hanke

In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…

— Steve Hanke

A minimum wage leads to higher levels of unemployment.

— Steve Hanke

Since China embraced Deng Xiaoping's reforms on 22 December 1978, China has experimented with different exchange-rate regimes. Until 1994, the yuan was in an…

— Steve Hanke

Until the Fed dumps inflation targeting and the U.S. abandons its weak-dollar policy, inflation will rule the day.

— Steve Hanke

With the passing of Milton Friedman on November 16, 2006, we lost one of the great champions of free markets.

— Steve Hanke

The IMF is set up to deal with liquidity crises.

— Steve Hanke

Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26%…

— Steve Hanke

Trade balances are determined by national savings propensities, not exchange rates.

— Steve Hanke

In April 2013, Nathaniel Popper of 'The New York Times' reported on Bitcoin in an article titled, 'Digital Money is Gaining Champions in the…

— Steve Hanke

In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.

— Steve Hanke

There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are…

— Steve Hanke

During the Greenspan-Bernanke era, the Fed has embraced the view that stability in the economy and stability in prices are mutually consistent. As long…

— Steve Hanke