Steve Hanke Quotes

Enjoy the top 22 famous quotes, sayings and quotations by Steve Hanke.

Steve Hanke Quotes

High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.
— Steve Hanke —

A minimum wage leads to higher levels of unemployment.

— Steve Hanke

After the maxi yuan depreciation of 1994 and until 2005, exchange-rate fixity was the order of the day, with little movement in the CNY/USD rate.

— Steve Hanke

In Argentina, if the weather is bad, critics will blame it on the currency board.

— Steve Hanke

The IMF is set up to deal with liquidity crises.

— Steve Hanke

Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The pattern started with a default in 1832. In consequence, Greece's finances were put under French administration.

— Steve Hanke

In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the financial press was filled with reportage on Bitcoin and its dramatic price increase.

— Steve Hanke

There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are foolproof, that's exactly the case.

— Steve Hanke

When I was operating as one of President Reagan's economic advisers, an early assignment was to analyze the federal government's landholdings and make recommendations about what to do with them. This was a big job. These lands are vast, covering an area six times that of France.

— Steve Hanke

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