[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] #  @ProfSteveKeen Dr. Steve Keen Dr. Steve Keen posts on X about debt, money, accounting, bank the most. They currently have XXXXXXX followers and XX posts still getting attention that total XXXXXX engagements in the last XX hours. ### Engagements: XXXXXX [#](/creator/twitter::319268829/interactions)  - X Week XXXXXXX +26% - X Month XXXXXXX +92% - X Months XXXXXXXXX +213% - X Year XXXXXXXXX +17% ### Mentions: XX [#](/creator/twitter::319268829/posts_active)  - X Months XXX +118% - X Year XXX +3.30% ### Followers: XXXXXXX [#](/creator/twitter::319268829/followers)  - X Week XXXXXXX +2% - X Month XXXXXXX +2.50% - X Months XXXXXXX +4.70% - X Year XXXXXXX +4.10% ### CreatorRank: XXXXXXX [#](/creator/twitter::319268829/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) #4373 [countries](/list/countries) XXXX% **Social topic influence** [debt](/topic/debt) #85, [money](/topic/money) #2820, [accounting](/topic/accounting) #453, [bank](/topic/bank) #1038, [housing market](/topic/housing-market) #373, [australia](/topic/australia) 4.55%, [deflation](/topic/deflation) #53, [ben](/topic/ben) #734, [prize](/topic/prize) #177, [inflation](/topic/inflation) #323 **Top accounts mentioned or mentioned by** [@wolfgangwa1642](/creator/undefined) [@mikewinddale](/creator/undefined) [@economics21st](/creator/undefined) [@clonalantibody](/creator/undefined) [@llewellynsteven](/creator/undefined) [@starman_2_1_1_2](/creator/undefined) [@virologyanon](/creator/undefined) [@mastermandavies](/creator/undefined) [@fabiobossi76](/creator/undefined) [@stephflojo](/creator/undefined) [@torstinisula](/creator/undefined) [@grok](/creator/undefined) [@bcdrainoty](/creator/undefined) [@youtube](/creator/undefined) [@newnhamtony](/creator/undefined) [@relearningecon](/creator/undefined) [@ritsut](/creator/undefined) [@damienbria49917](/creator/undefined) [@tyillc](/creator/undefined) [@gasgebouw](/creator/undefined) ### Top Social Posts Top posts by engagements in the last XX hours "Most economists don't understand the accounting behind the banking system they claim to explain. I just demonstrated this by analyzing a mainstream economist's defense of the fractional reserve banking model using double-entry bookkeeping. George Selgin attempted to refute my claim that this model only works if loans are made in cash. He laid out a step-by-step argument claiming cash wasn't necessary. I tested each step using my Ravel software which applies accounting rules to economic transactions. The result: His argument violated basic accounting principles at step X. The fundamental" [X Link](https://x.com/ProfSteveKeen/status/1993722226487529719) 2025-11-26T16:43Z 108.7K followers, 33.4K engagements "1/ Something strange is happening in the housing market and no one is talking about what comes next. The average property in the UK now costs nine times the typical salary. Prices in Australia are now rising at their fastest rate" [X Link](https://x.com/ProfSteveKeen/status/1994600100207739302) 2025-11-29T02:51Z 108.7K followers, 44.3K engagements "@IanPitchford "Relatively low" compared to what Household debt has fallen back to the level it reached just after the DotCom bust of 2001 but it's still far above what it was in the relatively stable 1960s. The smaller level does matter but US households are still overindebted" [X Link](https://x.com/ProfSteveKeen/status/1998061660901200020) 2025-12-08T16:06Z 108.7K followers, 7618 engagements "@SecchiLuigi A low interest rate can reduce the magnitude of the debt dynamics that lead to a debt deflation. But if they lead to asset price bubbles thanks to poor regulation of financial speculation then all bets are off" [X Link](https://x.com/ProfSteveKeen/status/1998240978667446615) 2025-12-09T03:59Z 108.7K followers, 1209 engagements "170% of GDP. That's where US private debt peaked before the 2008 crash. I predicted it in December 2005. Not because I'm clairvoyant but because I actually understand how banks create money. Neoclassical economists missed it entirely. Why They believe banks just move money from savers to borrowers. Wrong. Banks create money when they lend. Credit is aggregate demand. Credit drives the economy. I ran the data: -XXXX correlation between credit growth and unemployment. Scientists would be disappointed by that number. Economists would kill for it. Yet mainstream economists published papers" [X Link](https://x.com/ProfSteveKeen/status/1998288234082681146) 2025-12-09T07:06Z 108.7K followers, 58.6K engagements "OK Id better correct this one from my marketing team. I expect financial fragility and a recession from Trumps crazy economic interventions the bursting of the AI bubble and income squeezed consumers turning to unsecured debt. But not a crash of 2008 proportions. The next Minsky Moment will come from climate change not mere financial instability" [X Link](https://x.com/ProfSteveKeen/status/1998304844315054439) 2025-12-09T08:12Z 108.7K followers, 15.6K engagements "Your bank is printing money (and they didn't tell you). Textbooks say banks lend out "savings." WRONG. When you get a loan the bank doesn't get poorer. No money leaves their vault. They simply type numbers into a computer andpoofnew money is born. This is called "Endogenous Money" and its the secret to understanding why our economy booms and busts. I ran a simulation to show the difference between the fantasy world of economics professors vs. the real world we live in. The difference is massive. See the simulation here: #Economics #SteveKeen #MoneyCreation #Banking #Inflation #Minsky" [X Link](https://x.com/ProfSteveKeen/status/1995006602298933707) 2025-11-30T05:46Z 108.1K followers, 37.6K engagements "Here you go -" [X Link](https://x.com/ProfSteveKeen/status/1995139479418417350) 2025-11-30T14:34Z 108.1K followers, 5920 engagements "@etfchartsuk @PeterMcCormack Neither am I" [X Link](https://x.com/ProfSteveKeen/status/1998761961207824452) 2025-12-10T14:29Z 108.6K followers, XX engagements "The Quiet Wealth Transfer. From Wages to Debt. For decades the story you were sold was simple: "Work hard get educated and youll be fine." But behind the scenes the engine of the economy was swapped out. We stopped powering growth with wages and started powering it with private debt. The real macro bomb was never public debt - it was private debt. Before the 2008 crisis U.S. government debt was about XX% of GDP. But private debt had surged up to XXX% of GDP. And that trend didn't stop. Today private debt remains elevated at around XXX% of GDP. Higher than any pre-2000 level. Every major" [X Link](https://x.com/ProfSteveKeen/status/1996581508404908178) 2025-12-04T14:05Z 108.7K followers, 65.2K engagements "Ben Bernanke won a Nobel Prize after making possibly the biggest mistake in economic history. X weeks before the 2007 financial crisis began he told Congress the economy would grow by 2.75%. It didn't. It crashed by minus 2.5%. Why Because he ignored the one thing economists refuse to understand: how banks actually create money. I've just exposed why mainstream economists deserve a Mark Twain Award for confident falsehoods instead of a Nobel Prize. Full breakdown in the comments. #Economics #FinancialCrisis #BankingSystem #EconomicTheory" [X Link](https://x.com/ProfSteveKeen/status/1998821986437369944) 2025-12-10T18:27Z 108.7K followers, 14.3K engagements "The biggest economic myth of our time: "Government prints money creates inflation destroys economy." Here's what XX years of research actually shows: Since 2000 private banks created XX% of new money through lending - not government printing. Government deficits don't "borrow" from anyone - they create new money AND reserves through 8-entry accounting that mainstream economists completely ignore. When banks can't spend reserves on lattes (literally illegal) you know we need better models. I explain the full mechanics here: #MoneyCreation #BankingSystem #EconomicMyths #PostKeynesian" [X Link](https://x.com/ProfSteveKeen/status/1974920226815795265) 2025-10-05T19:30Z 108.5K followers, 50K engagements "The housing market is broken. Prices in the UK are X times the average salary. In Australia they're rising at the fastest rate ever. The usual story is "supply and demand." But that's not the whole picture. For XXX years from 1850 to 1980 house prices doubled. In the last XX years theyve tripled. What changed I'll tell you what changed. Watch the full video to understand the real cause. Link in the comments. #HousingCrisis #Debt #Economics" [X Link](https://x.com/ProfSteveKeen/status/1994024272470135069) 2025-11-27T12:43Z 108.3K followers, 52.2K engagements "Absolutely. And as Minsky said decades before the event a model which could not generate a depression was not a model of capitalism" [X Link](https://x.com/ProfSteveKeen/status/1997474161414017090) 2025-12-07T01:12Z 108.1K followers, 9774 engagements "@llewellynsteven @DamienBria49917 Investment creates capital goods and factories that produce physical goods. Call it a speculative asset and were on the same page" [X Link](https://x.com/ProfSteveKeen/status/1998302041383579879) 2025-12-09T08:01Z 108.3K followers, XX engagements "@Sun_Deep_You Theres not much you can do when governments underwrite private sector Ponzi schemes with their own capacity to create money. Apart from voting for new political parties that abhor this practice and might do something to stop it @ZackPolanski @georgegalloway @jeremycorbyn" [X Link](https://x.com/ProfSteveKeen/status/1998303061551534464) 2025-12-09T08:05Z 108.5K followers, XX engagements "Yes. Politics whether Left or Right shouldnt be based on bad accounting" [X Link](https://x.com/ProfSteveKeen/status/1998329224529138135) 2025-12-09T09:49Z 108.6K followers, 3519 engagements "@farmerrf Is it in equilibrium" [X Link](https://x.com/ProfSteveKeen/status/1998446093940539741) 2025-12-09T17:34Z 108.6K followers, XXX engagements "I'm enjoying some '60s music @georgegalloway and this wonderful song suddenly had an accompaniment that is so 60s--dancing cops bobbies who made you smile. Compare that to the thugs who heavied you and Gayatri just recently. How far we've fallen" [X Link](https://x.com/ProfSteveKeen/status/1995990047556788445) 2025-12-02T22:54Z 108.6K followers, 6053 engagements "@BruceTabor8 @owenjonesjourno Yup I completely missed that the GFC was about to occur whereas all other economists anticipated it. 😛" [X Link](https://x.com/ProfSteveKeen/status/1998761607187542225) 2025-12-10T14:27Z 108.6K followers, XX engagements "When I took out a mortgage for $X million the bank didn't get poorer. They simply typed new money into my account. Brand new money that didn't exist before. The person I bought the house from now has $X million in their account. The money supply increased by $X million. In my latest video I demonstrate this using double-entry bookkeeping with two models side-by-side: The Textbook Model: Banks are intermediaries. Credit flows from creditors to debtors. GDP remains completely unchanged regardless of what happens with lending. The Real World Model: Banks create money through lending. Credit" [X Link](https://x.com/ProfSteveKeen/status/1996347550295576968) 2025-12-03T22:35Z 108.6K followers, 199.3K engagements "The crash everyone's talking about will be worse than 2008. And mainstream economists still can't see it coming. I predicted the 2008 financial crisis by watching one chart that neoclassical economists refuse to acknowledge even exists. The correlation between private debt and unemployment hits -XXXX. That's not a typo. When I showed Ben Bernanke's own writing claiming private credit has no macroeconomic effects I knew we were in trouble. Turn to page XX of his essays on the Great Depression. He literally dismisses the mechanism that caused the crisis. American household debt has surpassed 18" [X Link](https://x.com/ProfSteveKeen/status/1998037825996910716) 2025-12-08T14:31Z 108.7K followers, 135.8K engagements "@Clever_Name_97 @IanPitchford No. Public money creation acts as a stabilizer to private debt crises. Heres the mathematical logic involved based on what is known as persistence theory. An economy without government deficits will have a debt deflation. One with will not" [X Link](https://x.com/ProfSteveKeen/status/1998118446572396885) 2025-12-08T19:52Z 108.7K followers, XXX engagements "@BigBladder887 Ironically yes. As Kalecki showed the government deficit contributes to corporate profits. So by supporting lower government deficits the top X% is shooting itself in the foot. But the top 0.1%--the dominant corporations in the finance sector--come out ahead" [X Link](https://x.com/ProfSteveKeen/status/1998398330594816470) 2025-12-09T14:24Z 108.7K followers, 1445 engagements "Housing Crisis. From Home to Hostage. Nowhere is the failure of neoclassical economics clearer than in housing. In the UK a typical home now costs nine times a households disposable income - the worst affordability since the 1870s. We have regressed to the Victorian era. Prices used to track inflation. Now on average they DOUBLE every decade. Not a typo. Why Because banks have become "non-existent middlemen." You cannot buy a house without them but at these prices they cannot safely lend to you. The bottom rungs of the ladder have been sawed off by leverage. In London mortgages are now" [X Link](https://x.com/ProfSteveKeen/status/1998752798805041553) 2025-12-10T13:52Z 108.7K followers, 4970 engagements "Indeed it is as this excellent book you've linked by my friend and colleague Avner Offer. The "Nobel" in economics was invented by the Swedish Central Bank to oppose the social democratic approach to capitalism that Swedish progressives established" [X Link](https://x.com/ProfSteveKeen/status/1998863931423732142) 2025-12-10T21:14Z 108.7K followers, 4615 engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@ProfSteveKeen Dr. Steve Keen
Dr. Steve Keen posts on X about debt, money, accounting, bank the most. They currently have XXXXXXX followers and XX posts still getting attention that total XXXXXX engagements in the last XX hours.
Engagements: XXXXXX #
- X Week XXXXXXX +26%
- X Month XXXXXXX +92%
- X Months XXXXXXXXX +213%
- X Year XXXXXXXXX +17%
Mentions: XX #
- X Months XXX +118%
- X Year XXX +3.30%
Followers: XXXXXXX #
- X Week XXXXXXX +2%
- X Month XXXXXXX +2.50%
- X Months XXXXXXX +4.70%
- X Year XXXXXXX +4.10%
CreatorRank: XXXXXXX #
Social Influence
Social category influence finance #4373 countries XXXX%
Social topic influence debt #85, money #2820, accounting #453, bank #1038, housing market #373, australia 4.55%, deflation #53, ben #734, prize #177, inflation #323
Top accounts mentioned or mentioned by @wolfgangwa1642 @mikewinddale @economics21st @clonalantibody @llewellynsteven @starman_2_1_1_2 @virologyanon @mastermandavies @fabiobossi76 @stephflojo @torstinisula @grok @bcdrainoty @youtube @newnhamtony @relearningecon @ritsut @damienbria49917 @tyillc @gasgebouw
Top Social Posts
Top posts by engagements in the last XX hours
"Most economists don't understand the accounting behind the banking system they claim to explain. I just demonstrated this by analyzing a mainstream economist's defense of the fractional reserve banking model using double-entry bookkeeping. George Selgin attempted to refute my claim that this model only works if loans are made in cash. He laid out a step-by-step argument claiming cash wasn't necessary. I tested each step using my Ravel software which applies accounting rules to economic transactions. The result: His argument violated basic accounting principles at step X. The fundamental"
X Link 2025-11-26T16:43Z 108.7K followers, 33.4K engagements
"1/ Something strange is happening in the housing market and no one is talking about what comes next. The average property in the UK now costs nine times the typical salary. Prices in Australia are now rising at their fastest rate"
X Link 2025-11-29T02:51Z 108.7K followers, 44.3K engagements
"@IanPitchford "Relatively low" compared to what Household debt has fallen back to the level it reached just after the DotCom bust of 2001 but it's still far above what it was in the relatively stable 1960s. The smaller level does matter but US households are still overindebted"
X Link 2025-12-08T16:06Z 108.7K followers, 7618 engagements
"@SecchiLuigi A low interest rate can reduce the magnitude of the debt dynamics that lead to a debt deflation. But if they lead to asset price bubbles thanks to poor regulation of financial speculation then all bets are off"
X Link 2025-12-09T03:59Z 108.7K followers, 1209 engagements
"170% of GDP. That's where US private debt peaked before the 2008 crash. I predicted it in December 2005. Not because I'm clairvoyant but because I actually understand how banks create money. Neoclassical economists missed it entirely. Why They believe banks just move money from savers to borrowers. Wrong. Banks create money when they lend. Credit is aggregate demand. Credit drives the economy. I ran the data: -XXXX correlation between credit growth and unemployment. Scientists would be disappointed by that number. Economists would kill for it. Yet mainstream economists published papers"
X Link 2025-12-09T07:06Z 108.7K followers, 58.6K engagements
"OK Id better correct this one from my marketing team. I expect financial fragility and a recession from Trumps crazy economic interventions the bursting of the AI bubble and income squeezed consumers turning to unsecured debt. But not a crash of 2008 proportions. The next Minsky Moment will come from climate change not mere financial instability"
X Link 2025-12-09T08:12Z 108.7K followers, 15.6K engagements
"Your bank is printing money (and they didn't tell you). Textbooks say banks lend out "savings." WRONG. When you get a loan the bank doesn't get poorer. No money leaves their vault. They simply type numbers into a computer andpoofnew money is born. This is called "Endogenous Money" and its the secret to understanding why our economy booms and busts. I ran a simulation to show the difference between the fantasy world of economics professors vs. the real world we live in. The difference is massive. See the simulation here: #Economics #SteveKeen #MoneyCreation #Banking #Inflation #Minsky"
X Link 2025-11-30T05:46Z 108.1K followers, 37.6K engagements
"Here you go -"
X Link 2025-11-30T14:34Z 108.1K followers, 5920 engagements
"@etfchartsuk @PeterMcCormack Neither am I"
X Link 2025-12-10T14:29Z 108.6K followers, XX engagements
"The Quiet Wealth Transfer. From Wages to Debt. For decades the story you were sold was simple: "Work hard get educated and youll be fine." But behind the scenes the engine of the economy was swapped out. We stopped powering growth with wages and started powering it with private debt. The real macro bomb was never public debt - it was private debt. Before the 2008 crisis U.S. government debt was about XX% of GDP. But private debt had surged up to XXX% of GDP. And that trend didn't stop. Today private debt remains elevated at around XXX% of GDP. Higher than any pre-2000 level. Every major"
X Link 2025-12-04T14:05Z 108.7K followers, 65.2K engagements
"Ben Bernanke won a Nobel Prize after making possibly the biggest mistake in economic history. X weeks before the 2007 financial crisis began he told Congress the economy would grow by 2.75%. It didn't. It crashed by minus 2.5%. Why Because he ignored the one thing economists refuse to understand: how banks actually create money. I've just exposed why mainstream economists deserve a Mark Twain Award for confident falsehoods instead of a Nobel Prize. Full breakdown in the comments. #Economics #FinancialCrisis #BankingSystem #EconomicTheory"
X Link 2025-12-10T18:27Z 108.7K followers, 14.3K engagements
"The biggest economic myth of our time: "Government prints money creates inflation destroys economy." Here's what XX years of research actually shows: Since 2000 private banks created XX% of new money through lending - not government printing. Government deficits don't "borrow" from anyone - they create new money AND reserves through 8-entry accounting that mainstream economists completely ignore. When banks can't spend reserves on lattes (literally illegal) you know we need better models. I explain the full mechanics here: #MoneyCreation #BankingSystem #EconomicMyths #PostKeynesian"
X Link 2025-10-05T19:30Z 108.5K followers, 50K engagements
"The housing market is broken. Prices in the UK are X times the average salary. In Australia they're rising at the fastest rate ever. The usual story is "supply and demand." But that's not the whole picture. For XXX years from 1850 to 1980 house prices doubled. In the last XX years theyve tripled. What changed I'll tell you what changed. Watch the full video to understand the real cause. Link in the comments. #HousingCrisis #Debt #Economics"
X Link 2025-11-27T12:43Z 108.3K followers, 52.2K engagements
"Absolutely. And as Minsky said decades before the event a model which could not generate a depression was not a model of capitalism"
X Link 2025-12-07T01:12Z 108.1K followers, 9774 engagements
"@llewellynsteven @DamienBria49917 Investment creates capital goods and factories that produce physical goods. Call it a speculative asset and were on the same page"
X Link 2025-12-09T08:01Z 108.3K followers, XX engagements
"@Sun_Deep_You Theres not much you can do when governments underwrite private sector Ponzi schemes with their own capacity to create money. Apart from voting for new political parties that abhor this practice and might do something to stop it @ZackPolanski @georgegalloway @jeremycorbyn"
X Link 2025-12-09T08:05Z 108.5K followers, XX engagements
"Yes. Politics whether Left or Right shouldnt be based on bad accounting"
X Link 2025-12-09T09:49Z 108.6K followers, 3519 engagements
"@farmerrf Is it in equilibrium"
X Link 2025-12-09T17:34Z 108.6K followers, XXX engagements
"I'm enjoying some '60s music @georgegalloway and this wonderful song suddenly had an accompaniment that is so 60s--dancing cops bobbies who made you smile. Compare that to the thugs who heavied you and Gayatri just recently. How far we've fallen"
X Link 2025-12-02T22:54Z 108.6K followers, 6053 engagements
"@BruceTabor8 @owenjonesjourno Yup I completely missed that the GFC was about to occur whereas all other economists anticipated it. 😛"
X Link 2025-12-10T14:27Z 108.6K followers, XX engagements
"When I took out a mortgage for $X million the bank didn't get poorer. They simply typed new money into my account. Brand new money that didn't exist before. The person I bought the house from now has $X million in their account. The money supply increased by $X million. In my latest video I demonstrate this using double-entry bookkeeping with two models side-by-side: The Textbook Model: Banks are intermediaries. Credit flows from creditors to debtors. GDP remains completely unchanged regardless of what happens with lending. The Real World Model: Banks create money through lending. Credit"
X Link 2025-12-03T22:35Z 108.6K followers, 199.3K engagements
"The crash everyone's talking about will be worse than 2008. And mainstream economists still can't see it coming. I predicted the 2008 financial crisis by watching one chart that neoclassical economists refuse to acknowledge even exists. The correlation between private debt and unemployment hits -XXXX. That's not a typo. When I showed Ben Bernanke's own writing claiming private credit has no macroeconomic effects I knew we were in trouble. Turn to page XX of his essays on the Great Depression. He literally dismisses the mechanism that caused the crisis. American household debt has surpassed 18"
X Link 2025-12-08T14:31Z 108.7K followers, 135.8K engagements
"@Clever_Name_97 @IanPitchford No. Public money creation acts as a stabilizer to private debt crises. Heres the mathematical logic involved based on what is known as persistence theory. An economy without government deficits will have a debt deflation. One with will not"
X Link 2025-12-08T19:52Z 108.7K followers, XXX engagements
"@BigBladder887 Ironically yes. As Kalecki showed the government deficit contributes to corporate profits. So by supporting lower government deficits the top X% is shooting itself in the foot. But the top 0.1%--the dominant corporations in the finance sector--come out ahead"
X Link 2025-12-09T14:24Z 108.7K followers, 1445 engagements
"Housing Crisis. From Home to Hostage. Nowhere is the failure of neoclassical economics clearer than in housing. In the UK a typical home now costs nine times a households disposable income - the worst affordability since the 1870s. We have regressed to the Victorian era. Prices used to track inflation. Now on average they DOUBLE every decade. Not a typo. Why Because banks have become "non-existent middlemen." You cannot buy a house without them but at these prices they cannot safely lend to you. The bottom rungs of the ladder have been sawed off by leverage. In London mortgages are now"
X Link 2025-12-10T13:52Z 108.7K followers, 4970 engagements
"Indeed it is as this excellent book you've linked by my friend and colleague Avner Offer. The "Nobel" in economics was invented by the Swedish Central Bank to oppose the social democratic approach to capitalism that Swedish progressives established"
X Link 2025-12-10T21:14Z 108.7K followers, 4615 engagements