Steve Hanke

JPMorgan CEO Jamie Dimon on crypto: "If I was the government, I'd close it down." Dimon is echoing exactly what Matt Sekerke and I wrote in our March 8 @WJS article “Nothing Redeems Crypto.”

Rep. Tim Walberg from Michigan, the auto capital of the US, on Pres. Biden's EV mandate: “Not only does this mandate display gov't overreach into the auto industry... it’s also unaffordable, unattainable, & unrealistic for American consumers.” Spot on.

WSJ's Paul Hannon blames persistent inflation on widening profit margins in the food industry. Hannon's confusing INFLATION w/ RELATIVE PRICE CHANGES. Hannon should read Greenwood & Hanke, "On Monetary Growth and Inflation" in the JACF (Fall 2021).

Ehsan Khandouzi, Iran’s finance minister, reports that Russia invested $2.76bn in Iranian projects over the past year. Due to ill-advised Western sanctions, Iran and Russia have become joined at the hip. ANOTHER GREAT AMERICAN SUCCESS STORY.

Who was the big winner in America's ill-advised invasion of Iraq? Iran. Another GREAT AMERICAN SUCCESS STORY.

This week, the UN released a report critical of China’s human rights violations against Uyghurs. The NYT reports the Chinese govt. fought “tooth & nail” to block the report. It’s the Communist Way: CENSOR, INTIMIDATE, & DESTROY.