Steve Hanke

January 20, 2020

Why Venezuelans Might Launder (In a Washing Machine) Their Dollars

The U.S. dollar is a handy backup when a country’s currency loses its value. After Zimbabwe’s hyperinflation hit its peak (or its nadir) in 2009, they […]

July 14, 2019

Why We All Need the Same Time

Whereas we moved from many time zones to four during the 19th century, now, with globalization, we should switch to coordinated universal time for everyone.

February 7, 2019

Six Facts to Know About Venezuela’s Hyperinflation

Through six simple facts, we can better understand the meaning of Venezuela's hyperinflation and how much it has diminished production.

August 21, 2018

Why It’s Tough to Catch Venezuela’s Runaway Hyperinflation

Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.