About this episode
Ryan McMaken discusses the implications of current economic data and its relation to historical events.
On World Affairs in Context with Lena Petrova, Ryan McMaken breaks down what the economic data is actually saying beneath the headlines. The money supply has grown by a trillion dollars in seven months, while the Fed insists policy is tight. Q4 GDP was quietly revised down to 0.5%. Consumer confidence is at multi-decade lows. And the stock market keeps hitting new highs. Ryan explains why these aren't contradictions. They're symptoms of the same underlying problem: a bubble economy sustained by continuous liquidity injections since 2009 that the Fed has never unwound and never will. He draws a striking parallel to Britain's 1956 Suez Crisis, when an expensive military operation accelerated the decline of sterling as the global reserve currency, and asks whether the Iran war is doing the same to the dollar. The original interview is available on YouTube .
People in this episode
Host: Lena Petrova
Guest: Ryan McMaken
Topics covered
- economics
- monetary policy
- financial markets
- consumer confidence
- historical parallels
Keywords
- dollar collapse
- money supply
- Fed policy
- GDP
- consumer confidence
- bubble economy
- Suez Crisis
- Iran war
Mentioned in this episode
Organizations: Mises Institute
Places: Britain, Iran
More episodes of Mises Media
- Where California Went Wrong · May 8, 2026
- Hobbes’s State: “Why Are You Hitting Yourself?” · May 8, 2026
- Unnatural Disasters: How the State Makes Wildfires Bigger and Deadlier · May 8, 2026
- The Great Gerrymander War · May 7, 2026
- How to Change the World: Entrepreneurship versus Politics · May 7, 2026
- How Democratic Socialism Created California’s Housing Crisis · May 7, 2026
Explore listener stats, chart rankings, contacts and more on the Mises Media podcast page.