Tuesday, March 23, 2021

Currency Wars? Massive Currency Devaluations Against US Dollar Since January 2020


Professor Steve H. Hanke is a currency expert. 

Unlike an ordinary academic, Hanke was in charge of currency trading at investment banks and hedge funds and he has also been hired by governments as a "currency repair" consultant after their currencies collapse to help fix and stabilize them. 

Recently, Hanke put out an article with some very interesting charts and tables about how much some currencies have devalued against the US Dollar since January 2020.