The IMF's weaknesses became clear to Professor Steve Hanke when he was advising President Suharto about the adoption of a currency board in Indonesia. On 27 April 2000, Professor Steve Hanke, Contributing Editor of Central Banking, testified before the US Senate Committee on Banking, Housing and Urban Affairs on "The International Monetary Fund and InternationalFinancial Institutions". A supplemental written question by Senator MikeCrapo and Hanke's 7 July 2000 response appear below.

Q. You