#China is expected to be the world's largest importer of natural gas next year, as it aims to boost natural-gas to 15% of energy consumption. In response to U.S. tariffs, however, they've proposed a 25% levy on U.S. LNG, threatening the U.S. suppliershttps://t.co/8dbrW5uwim
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
Venezuela is experiencing the wheelbarrow effect: bolivars are not counted–they're weighed. Maduro's devaluation of the bolivar will have no real economic effect: it's just a PR campaign. The suffering people of VNZ will know soon that nothing has changed https://t.co/209LC2idF0
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
My interview with @BBCWorld today on the crisis in #Venezuela (1/2) pic.twitter.com/nyN6vM3zmq
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
My interview with @BBCWorld today on the crisis in #Venezuela (2/2) pic.twitter.com/xszBnS3YEu
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
The Venezuelan currency devaluation changes only the official exchange rate, not the free market rate for currency. This gives Madruo's cronies a 3,754% black market premium upon which to profit and does nothing to stop rampant hyperinflationhttps://t.co/MZhgGdB0ro
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
The #lira is in a drowning. Only a gold-backed currency board could throw it a life-line. pic.twitter.com/wgKcOG6iy4
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
#Turkey can't fix its currency/economic problems until it can diagnose it. The crisis has little to do with the US and the West. It’s home grown. pic.twitter.com/a5TrRNLWYI
— Prof. Steve Hanke (@steve_hanke) August 21, 2018
#Venezuela is in the throes of "a full-blown financial panic and the breakdown of economic order. Mr. Maduro has destroyed confidence in the country’s institutions and currency, and his new plan will make it worse… Dollarize the economy." @WSJopinion https://t.co/RuumlFHUTw
— Prof. Steve Hanke (@steve_hanke) August 20, 2018
0 responses on "Prof. Steve Hanke shared on twitter"