Steve Hanke
Professor of Applied Economics, The Johns Hopkins University
In addition to his position at Johns Hopkins, Professor Hanke serves as Chairman of the Friedberg Mercantile Group, Inc., a firm that engages in currency and securities trading, as President of the Toronto Trust-Argentina mutual fund in Buenos Aires, and as President of FCMI NZ Financial Corporation, Ltd. in Aukland, New Zealand. He advises governments on currency reform, privatization, and capital market development, and is a member of the Steering Committee of the G-7 Council in Washington, D.C., and a Fellow at the World Economic Forum in Geneva. The following statement is from a January 30, 1998, hearing before the…