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Ryan McMaken Profile
Ryan McMaken

@ryanmcmaken

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Husband and dad of 4. Executive Editor & economist at Mises Institute. Former economist at State of Colorado. Author of 'Breaking Away' and 'Commie Cowboys.'

Colorado, USA
Joined September 2008
Don't wanna be here? Send us removal request.
@ryanmcmaken
Ryan McMaken
2 months
Price inflation is NEVER caused by greed. It's always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing. More:
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@ryanmcmaken
Ryan McMaken
3 years
The "zero covid" fad is over in NZ:
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@ryanmcmaken
Ryan McMaken
3 years
The moment when you knew 100% that Twitter would accept the offer.
@CramerTracker
Inverse Cramer (Not Jim Cramer)
3 years
“They have no choice but to reject”
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@ryanmcmaken
Ryan McMaken
2 years
For the blame-free-markets-for-everything crowd, a shortage in baby formula—one of the most regulated corporatist products—was caused by "capitalism." In truth, of course, the blame lies with protectionists and gov't programs like WIC and the FDA.
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@ryanmcmaken
Ryan McMaken
4 months
"If you can imagine a twentieth century without communists, without Nazis, that’s very probably what we would have had without the [US entry into the] First World War" ~ Ralph Raico
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@ryanmcmaken
Ryan McMaken
2 months
The US will add another 2 trillion $ to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. And, there is no end in sight.
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@ryanmcmaken
Ryan McMaken
3 years
“Africa doesn’t have the vaccines and the resources to fight COVID-19 that they have in Europe and the U.S., but somehow they seem to be doing better,” she said.
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@ryanmcmaken
Ryan McMaken
3 years
States with the weakest lockdowns had the best economic growth since 2019.
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@ryanmcmaken
Ryan McMaken
3 years
Reporter: was the half million dead children [due to the US starvation embargo of Iraq] worth it? Albright: Yes.
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@ryanmcmaken
Ryan McMaken
2 years
With a new base in Cambodia, China has a whopping 2 extraterritorial bases now.
@QuincyInst
Quincy Institute
2 years
There are approximately 750 U.S. military base sites abroad in 80 foreign countries and colonies.
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@ryanmcmaken
Ryan McMaken
2 years
Powell says we're not in recession. I think he's right. I think we're more in a period like the fall of 2007 when numbers were looking bad, but the *really* bad news was still months away.
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@ryanmcmaken
Ryan McMaken
2 years
War dissenters are branded "Putinists" by the foreign policy elites who casually flirt with nuclear war. But preferring negotiations to World War III hardly makes one a Putin sympathizer.
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@ryanmcmaken
Ryan McMaken
2 months
The bigtime downward revision in jobs isn't surprising for those who are actually paying attention.
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@ryanmcmaken
Ryan McMaken
3 years
"As clinical studies from the U.S., Israel, and Qatar show—and many Americans can now personally attest—there is substantial evidence that people who are vaccinated can both contract and contribute to the spread of Covid-19."
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@ryanmcmaken
Ryan McMaken
2 years
When the USSR invaded Afghanistan, few Americans were absurd enough to demand American companies in the USSR close themselves down. Now American brands flee foreign markets because the Twitter mob says so.
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@ryanmcmaken
Ryan McMaken
2 years
Bernanke said the same thing in February 2008 - *after* the recession had already started, according to the NBER.
@unusual_whales
unusual_whales
2 years
Fed's Bullard: there is not going to be a recession in the US.
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@ryanmcmaken
Ryan McMaken
6 months
It's an "incredible stretch" if you ignore the fact that real wages declined for 25 months in a row during that period.
@byHeatherLong
Heather Long
6 months
The big picture: US unemployment has been below 4% for 27 months. That's an incredible stretch that hasn't happened since the late 1960s. Hiring has slowed in past year, but it's still encouraging: Labor force +1.3 million in the past year as more people look for work. # of
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@ryanmcmaken
Ryan McMaken
2 months
We all know how this ends. The Feds spend 100 billion and not a single building is actually completed.
@BehizyTweets
George
2 months
WATCH: A massive part of Trump's 2nd-term agenda is to charter TEN new mega-futuristic cities in various states on federally-owned lands "Almost one-third of the landmass of the United States is owned by the federal government, with just a very, very small portion of that
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@ryanmcmaken
Ryan McMaken
3 months
The secret service, the alleged elite of the "thin blue line" ignored warnings of a shooter and allowed the shooter to set up a sniper nest on a nearby roof. This level of competence is what we've come to expect from the overpaid, privileged members of "law enforcement."
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@ryanmcmaken
Ryan McMaken
1 month
This week, the Fed hit the panic button and slashed the fed funds rate by 50 bps. History shows the Fed does this right before a recession, and Powell can't explain why "this time is different." More here with graphs:
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@ryanmcmaken
Ryan McMaken
2 years
The police dept is 3 minutes away.
@chrislhayes
Chris Hayes
2 years
When you put it that way
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@ryanmcmaken
Ryan McMaken
3 years
In a normal universe, we have a name for this sort of monetary policy: it’s called “extreme dovishness” or “extremely accommodative.” In the bizarro world of 2021, it is anti-inflationary.
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@ryanmcmaken
Ryan McMaken
3 months
Is this the part when the thin-blue-line bootlickers tell us now how Secret Service agents are such heroic and competent hard workers?
@JackPosobiec
Jack Poso 🇺🇸
3 months
How was a sniper with a full rifle kit allowed to bear crawl onto the closest roof to a presidential nominee
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@ryanmcmaken
Ryan McMaken
3 years
@ThoBishop LOL. Imagine a conservative politician defying the Pentagon like this before 2021. Things are going way better than I thought they would!
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@ryanmcmaken
Ryan McMaken
22 days
The Fed's target price-inflation rate went from zero percent to 2 percent and then to a "flexible" and "longer run" 2 percent. This means the 2-percent target is little more than a political slogan. More at :
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@ryanmcmaken
Ryan McMaken
2 years
Does the Austrian version of money supply (TMS) provide insights? The gap between M2 and TMS does a pretty good jobs of identifying recessions - when the gap goes from + to -. It's also closely connected to yield curve inversions.
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@ryanmcmaken
Ryan McMaken
2 years
As we sit down to Thanksgiving dinner, consider that before the 17th century, dining rooms didn't even exist, and families had few places to comfortably enjoy a meal at home. Then came industrialization, bigger houses, and "domestic sociability."
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@ryanmcmaken
Ryan McMaken
2 months
Fed Chairman Powell basically said today that a September rate cut is a done deal. The bad news is that Fed rate cuts usually come right before a recession starts. More at @mises and
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@ryanmcmaken
Ryan McMaken
3 years
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@ryanmcmaken
Ryan McMaken
3 years
“The agency has been reluctant to make those figures public,” according to the Times, “because they might be misinterpreted as the vaccines being ineffective.”
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@ryanmcmaken
Ryan McMaken
2 months
America now has 66,000 fewer employed workers than it did a year ago. And the only growth in jobs is in part time jobs. Graphs and sources here:
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@ryanmcmaken
Ryan McMaken
7 days
Money-supply growth accelerated, year over year, in August by the largest amount in 23 months. The Fed now fears a recession, so expect more money growth going forward as the Fed tries to blow new bubbles. For graphs and more, see:
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@ryanmcmaken
Ryan McMaken
3 years
Like @jimbovard , I haven't forgotten the way conservatives and some libertarians began to absolutely LOVE the regime-and defend its every move-during the Bush years. Any opposition meant you were some kind of communist or terrorist.
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@ryanmcmaken
Ryan McMaken
16 days
September's job "blowout" was driven by government jobs and part-time work. Private employment fell 463,000 from Sept 2023 to Sept this year. Government jobs, on the other hand, rose 598,000 during the same period. More @mises :
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@ryanmcmaken
Ryan McMaken
2 years
Best explanation of NFTs.
@yuroon
Jeroen (€8)
3 years
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@ryanmcmaken
Ryan McMaken
2 years
The Fed's defense of its incompetence is to say "well if we knew then what we know now." This is the technocracy in a nutshell.
@NickTimiraos
Nick Timiraos
2 years
Fed governor Christopher Waller explains how the central bank fell behind: -The Fed made assurances (called forward guidance) in late 2020 that conditioned removing stimulus on labor market gains -The labor market was unusually difficult to forecast
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@ryanmcmaken
Ryan McMaken
2 months
Police willingly attacked people for being on their own property. Do not doubt police will also take your guns and destroy your life for any reason the regime decides. Police care about their paycheck, not you.
@Bubblebathgirl
Paul A. Szypula 🇺🇸
2 months
Gov. Tim Walz had his police use paintball guns to sh**t Minnesota residents if they broke curfew by being on their porches during C*V*D
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@ryanmcmaken
Ryan McMaken
2 years
tHe FeD is Non PoLiTiCal!
@AnnelleSheline
Dr. Annelle Sheline
2 years
Wow. @stlouisfed published the graph on the left with two different Y axes to make it look as if China's defense spending outpaced the U.S. The graph on the right shows how the spending actually compares, with U.S. defense spending dwarfing all others
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@ryanmcmaken
Ryan McMaken
3 years
"By comparison, vaccine-induced memory B cells are less robust, evolving for only a few weeks and never "learning" to protect against variants, researchers reported in a paper published on Thursday in Nature"
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@ryanmcmaken
Ryan McMaken
3 years
"Natural immunity is reliable ... 27 times more effective than vaccinated immunity"
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@ryanmcmaken
Ryan McMaken
4 months
Recession signal: Since Mar 2023 govt jobs have grown faster than private jobs. Last month government jobs up 2.7 percent while private employment was up 1.6 percent. Growth in govt jobs has been outpacing private jobs for the past 14 months.
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@ryanmcmaken
Ryan McMaken
2 years
I keep seeing lame comments from libertarians about how the Disney special district is a "private city" with no govt oversight. Give me a break. It's the equiv. of a big shopping mall with private security that sells its own muni bonds. Nothing more.
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@ryanmcmaken
Ryan McMaken
2 months
If we take a closer look at the latest jobs data we see the household survey shows the economy LOST jobs over the past year. Whenever this happens, the economy is either in recession or about to enter one. More here:
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@ryanmcmaken
Ryan McMaken
5 months
Given that the number of employed people hasn't increased in 11 months, her claim that "people keep getting jobs" can only be true if she means "second jobs".
@byHeatherLong
Heather Long
5 months
JUST IN: Another big jobs report. The US economy added 272,000 jobs in May, blowing past expectations of ~190k. People keep getting jobs, esp. in healthcare., gov’t and hospitality. **Unemployment rate: 4% —> This is the first time at 4% or above since Jan. 2022* Wage gains:
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@ryanmcmaken
Ryan McMaken
3 years
Angelo Codevilla has died. RIP. He had some really solid hardcore anti-regime stuff in recent years. His column calling for the abolition of the CIA was quite good:
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@ryanmcmaken
Ryan McMaken
2 months
This reminds me of how people were saying in 1985 that the Soviet Union was an economic powerhouse.
@Molson_Hart
molson 🧠⚙️
2 months
no one is going to like this but... there's a decent chance that China, over the next 20-30 years becomes the new "America". people will be in total awe of its "streets paved in gold" and will learn Chinese to try to move there. seems farfetched, but wait.
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@ryanmcmaken
Ryan McMaken
2 years
NRA: More government spending is the solution.
@RonFilipkowski
Ron Filipkowski
2 years
Wayne LaPierre says the way to stop school shootings is to spend more money on law enforcement.
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@ryanmcmaken
Ryan McMaken
2 years
This woman has been consistently wrong about everything.
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@ryanmcmaken
Ryan McMaken
3 years
Prof Adam Finn, a government vaccine adviser, said over-vaccinating people, when other parts of the world had none, was "a bit insane, it's not just inequitable, it's stupid".
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@ryanmcmaken
Ryan McMaken
3 months
Read Zandi if you want to know the position of the easy-money-addicted criminal banker class.
@Markzandi
Mark Zandi
3 months
The clear message in today’s soft jobs report is the Federal Reserve needs to cut interest rates. They should have begun cutting rates months ago. Job growth is decidedly throttling back, unemployment is rising quickly, hours worked per week are low and falling, and temporary
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@ryanmcmaken
Ryan McMaken
3 years
Ukrainians are ok with invasions of countries other than their own. Much like Americans. A press release from the US Army in 2008 (Poles supported the invasion also):
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@ryanmcmaken
Ryan McMaken
3 years
Brendan Brown's book 'The Case Against 2% Inflation' is a fantastic blend of good economics, monetary policy history, and modern-day financial mkt analysis. Here's my review:
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@ryanmcmaken
Ryan McMaken
3 years
"Mark Thornton, a senior fellow at the Mises Institute, argues there is "no question" that the U.S. is in a housing bubble, but "where we are in the housing bubble is a different matter."
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@ryanmcmaken
Ryan McMaken
2 years
Fed officials like Jerome Powell have long downplayed CPI as a price inflation measure in favor of the PCE index. But, much like CPI, the PCE measure is now also hitting 40-year highs.
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