'The most dangerous worldviews are the worldviews of those who have never viewed the world.' - Alexander von Humboldt

#NGAWatch 🇳🇬: Today, I measure Nigeria’s inflation at a CRUSHING 98%/yr.

That is ~16 TIMES the Central Bank of Nigeria’s target inflation rate of 6%/yr.

Pres. Bola Ahmed Tinubu is driving an economy that is going up in INFLATIONARY FLAMES.

#ZambiaWatch 🇿🇲: Zambia's inflation continues to SURGE.

Today, I accurately measure Zambia's inflation at a BLISTERING 44%/yr, over 3x higher than the official RUBBISH rate of 13.8%/yr.

Bank of Zambia's Gov. Dr. Denny Kalyalya = MONETARY MISMANAGEMENT.

#PAKWatch 🇵🇰:

In Pakistan, the Awam is under the military’s BOOT.

The IMF looks favorably at Zimbabwe's introduction of the ZiG as an 'important policy action.'

MORE PROOF THAT THE IMF IS OUT TO LUNCH.

Since 1981, Zimbabwe has had seven IMF programs. All have FAILED.
bloomberg.com/news/articles/…

In 2023, the US Department of Agriculture gave away $465 MILLION in TAXPAYER grants for the installation of solar panels at rural farms. That's nearly 8 times higher than the solar panel gifts in 2022.

THERE'S NO SUCH THING AS A GREEN FREE LUNCH.
wsj.com/us-news/climat…

Baltimore, a city that has for decades been run by what is in effect a democratically controlled mafia, registers the highest number of drug overdose deaths of any city in the nation, according to a joint investigation by the The New York Times & The Baltimore Banner.
nytimes.com/2024/05/23/us/…

U.S. attempts to cut off China's access to semiconductor chips, China has launched a massive counterattack. China has just raised $48 bil to turbocharge its chip industry. The U.S. suffers from what Tom Sowell calls short-sighted STAGE ONE THINKING.

wsj.com/tech/china-unv…

The US plans to move forward to confiscate Russian assets to fund the war in Ukraine.

The Kremlin WILL retaliate by confiscating US assets in Russia.

It's clear the US suffers from a malady identified by Thomas Sowell: ITS DECISION-MAKING IS LIMITED BY STAGE ONE THINKING.

#TurkeyWatch 🇹🇷: TUR registers the WORLD'S 8th HIGHEST INFLATION RATE at 61%/yr by measure on this week's #HankeInflationDashboard .

CBRT Gov. Fatih Karahan is unable to control the money supply (M3). It continues to SURGE at ~64%/yr.

ARG Pres. Javier Milei's economic approach is effective in the very short term but UNSUSTAINABLE

My take on Milei's economic reforms: 'The economy has essentially gone into a tailspin & COLLAPSED.'

I discuss this thoroughly w/ Jesse Day on Commodity Culture:
youtube.com/watch?v=PvizNk…

Welcome to the world of Bidenomics, where FAST FOOD is now considered a LUXURY.
x.com/WinfieldSmart/…

'The object and practice of liberty lies in the limitation of governmental power.' – General Douglas MacArthur

#NGAWatch 🇳🇬: Today, I measure Nigeria’s inflation at a CRIPPLING 98%/yr, ~3x HIGHER than the gov't's official RUBBISH rate of 33.7%/yr.

The cause of Nigeria’s inflation is its SURGING money supply (M3), rampaging at 69%/yr.

#TurkeyWatch 🇹🇷: Turkey ranks a TERRIBLE 158th out of 180 countries in RSF’s 2024 World Press Freedom Index.

For Pres. Erdogan, NO PRESS FREEDOM = NO PROBLEM.

#NGAWatch 🇳🇬: On this week's #HankeInflationDashboard , Nigeria registers the WORLD'S 5th HIGHEST INFLATION RATE at 99%/yr by my measure.

Pres. Tinubu & Central Bank of Nigeria Gov. Cardoso = MASTERS OF ECONOMIC DISASTER.

My good friend and distinguished economist Herbert Grubel in his Financial Post article on the policies of former Canadian PM Jean Chrétien (1993-2003):

Chrétien decreased spending and regulations. Real per capita income grew an average of 2.4% annually, and happiness increased.

#ZIMWatch 🇿🇼: On this week's #HankeInflationDashboard , Zim registers the WORLD'S HIGHEST INFLATION RATE at 1,191%/yr by my measure.

It's time for INCOMPETENT Finance Minister Prof. Mthuli Ncube to take the exit door.

Michael Burry is the same guy who predicted the housing market collapse of 2008.

WEAPONIZATION OF THE USD = GOOD FOR GOLD.
x.com/unusual_whales…

The world’s top 5 inflators on this week’s #HankeInflationDashboard :

1.🇿🇼Zimbabwe (1,191%/yr)
2.🇸🇩Sudan (296%/yr)
3.🇸🇸South Sudan (224%/yr)
3.🇦🇷Argentina (167%/yr)
5.🇳🇬Nigeria (99%/yr)