As Argentina's economy falters, the IMF has "pledged full support," starting with a new lending plan. The IMF can't fix Arg. To stabilize the economy, the peso must be scrapped and replaced with the dollar. The IMF's poison has almost killed the patient. https://t.co/jWj80GMCSD
— Prof. Steve Hanke (@steve_hanke) 31 август 2018 г.
Friday deadline has passed for NAFTA talks as Trump remains eager on tariffs. While #Trump “seems to be in love with the budget we had 100 years ago,” it's time to face reality. Due to Trump’s own mindless doing, fiscal & trade deficits will only expand. https://t.co/tGnY0sA0nw
— Prof. Steve Hanke (@steve_hanke) 2 септември 2018 г.
Argentina's peso has now fallen a staggering 108% against the dollar so far this year. The Central Bank of Argentina moved to raise rates for the fifth time since April. Time to dump the peso and replace it with the USD. https://t.co/KBprk0RTKu
— Prof. Steve Hanke (@steve_hanke) 31 август 2018 г.
The latest spot rate for Turkish Lira, for 9/1/18, is at 6.54 TRY/USD. pic.twitter.com/8t3fsVrBB1
— Prof. Steve Hanke (@steve_hanke) 1 септември 2018 г.
As Argentina's economy falters, the IMF has "pledged full support," starting with a new lending plan. The IMF can't fix Arg. To stabilize the economy, the peso must be scrapped and replaced with the dollar. The IMF's poison has almost killed the patient. https://t.co/jWj80GMCSD
— Prof. Steve Hanke (@steve_hanke) 31 август 2018 г.
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