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steve_hanke's profile
Steve Hanke
Steve Hanke
Steve Hanke
Verified account
@steve_hanke

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Steve HankeVerified account

@steve_hanke

Economist @JohnsHopkins | Sr Fellow & Director #TroubledCurrencies Project @CatoInstitute | @NRO | FX & Commodity Trader | Reagan White House | Views are my own

Baltimore & Paris
bit.ly/SHH_Cato
Joined October 2012

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    Steve Hanke‏Verified account @steve_hanke Jun 28

    #BREAKING: #Lebanese protesters break into the Central Bank in Tripoli. Several break-ins unfold as people angrily demand their money. This is what happens when your currency collapses. The pound has depreciated 85.6% against the USD since Jan 1, 2020. pic.twitter.com/3s8a7DSIFR

    ZionWarrior
    4:54 PM - 28 Jun 2021
    • 280 Retweets
    • 621 Likes
    • Al BIT XIVIUM Kyle Delecto 🇨🇦🇺🇸🇲🇽 David Yohannan Big Sky Guy crow, eastern keraunopath 🍇 PatriotBTC Bitcoinizer Wizard 🧙🏼‍♂️🪄 post scriptum
    65 replies 280 retweets 621 likes
      1. Randolph‏ @Yelowsnowman Jun 28
        Replying to @steve_hanke

        @badcharts1

        0 replies 0 retweets 1 like
        Thanks. Twitter will use this to make your timeline better. Undo
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      2. Lishaun‏ @theilshat Jun 28
        Replying to @stonermonke @steve_hanke

        Yeah wtf lolol

        0 replies 0 retweets 2 likes
      3. End of conversation
      1. New conversation
      2. Peter Harrigan‏ @harrigan_pete Jun 28
        Replying to @steve_hanke

        The USD has depreciated 79.1% against #bitcoin since Jan 1, 2020.

        2 replies 0 retweets 13 likes
      3. Trusteft‏ @trusteft Jun 28
        Replying to @harrigan_pete @steve_hanke

        I am not sure that's how it works.

        1 reply 0 retweets 0 likes
      4. Show replies
      1. CryptoGoddess  🍥‏ @xbtbabe Jun 28
        Replying to @steve_hanke

        #bitcoin fixes this

        1 reply 0 retweets 1 like
        Thanks. Twitter will use this to make your timeline better. Undo
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      1. New conversation
      2. Jon‏ @JonsEcon Jun 28
        Replying to @steve_hanke

        If only they had a currency with fixed supply and international use in order to reach monetary stabilitypic.twitter.com/r5gPxeU9qi

        2 replies 1 retweet 14 likes
      3. Joey Post‏ @post_joey Jun 28
        Replying to @JonsEcon @steve_hanke

        You call down 60% in a few weeks stability? Lol. Crypto way worse than fiat!

        3 replies 0 retweets 12 likes
      4. Show replies
      1. New conversation
      2. Working Class Hero‏ @WagedClassKuno Jun 28
        Replying to @steve_hanke

        Then why is it that crypto is not an option for you? Gold, if a store of value remains, can´t possibly return as an exchangeable mean for todays transactions.

        3 replies 0 retweets 0 likes
      3. Leon‏ @iamleonmallett Jun 28
        Replying to @WagedClassKuno @steve_hanke

        The Lebanese economy’s fucked my dude. The form of currency they use is of minor concern.

        0 replies 0 retweets 0 likes
      4. End of conversation

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