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Hanno Lustig
@HannoLustig
Economist at Stanford. Fascinated by exchange rates. Really wanted to be a pilot. Check out my substack with Romain Wacziarg thetwocents.substack.com.
Joined June 2020
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  • Pinned
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    Hanno Lustig
    @HannoLustig
    Jan 4, 2025
    2024 may also be remembered as the year U.S. fiscal exuberance died. post-mortem 🧵 on how we got here. Right now, with the 10 year US Treasury yield trading well above 4.5% and the federal government spending roughly the equivalent of the defense budget just on interest
    285K
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    Hanno Lustig
    @HannoLustig
    Nov 18, 2022
    Twitter is like Belgium. It will keep running even when no one is in charge for long periods of time.
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    Hanno Lustig
    @HannoLustig
    Feb 3, 2025
    Just had a good phone call with Trader Joe's. I'm going to keep shopping there for now.
    user avatar
    Hanno Lustig
    @HannoLustig
    Feb 2, 2025
    To reduce my bilateral trade deficit with Trader Joe's, I am now going to shop at Whole Foods, which is more expensive and a bit further way. Thanks all for your advice.
    534K
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    Hanno Lustig
    @HannoLustig
    Oct 14, 2021
    real images of economists under 30 observing inflation for the first time in the wild.
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    Hanno Lustig
    @HannoLustig
    Apr 9, 2025
    in a parliamentary democracy, right about now, you'd face a vote of no confidence as the PM.
    83K
  • user avatar
    Hanno Lustig
    @HannoLustig
    Feb 2, 2025
    To reduce my bilateral trade deficit with Trader Joe's, I am now going to shop at Whole Foods, which is more expensive and a bit further way. Thanks all for your advice.
    690K
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    Hanno Lustig
    @HannoLustig
    Apr 21, 2022
    Germany can't reverse shutdown of nuclear power plants because of a complex regulatory process. That's like an airline captain refusing to make an emergency landing at an airport because of night time noise regulations.
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    Hanno Lustig
    @HannoLustig
    Aug 27, 2025
    It takes a politician at the end of his rope to explain to boomers how they've screwed over their kids.
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    Sylvain Catherine
    @sc_cath
    Aug 27, 2025
    🇫🇷PM:"They will have to pay the debt, for the rest of their lives. And we made them believe it should increase even more. Genius, don’t you think? All for the comfort of political parties, and for those we call boomers and who, afterall, are fine with it"
    🦊 cl au
    00:00
    🦊 cl au
    177K
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    Hanno Lustig
    @HannoLustig
    Mar 2, 2025
    Bitcoin is not an asset. It's not a claim to any future payoffs (e.g. coupon payments, dividends etc). It's not money. And it's not a hedge.
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    Geiger Capital
    @Geiger_Capital
    Mar 2, 2025
    Spot on. 🎯 Bitcoin is the only decentralized crypto and is the only one viewed globally as an asset. All other coins mentioned for the Strategic Reserve are simply grift and favors bought.
    288K
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    Hanno Lustig
    @HannoLustig
    Dec 30, 2023
    De-growth is the ultimate bourgeois ideology, dreamed up by spoiled kids in developed countries who would close the door behind them, oblivious to the fate of billions in the left tail of the global income distribution whose only hope to make it out of poverty is growth.
    440K
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    Hanno Lustig
    @HannoLustig
    Jan 21, 2022
    GDP of Russia is $1.48 trillion, roughly equal to the GDP of Belgium, the Netherlands and Luxembourg combined. GDP of EU is $17 trillion. time to invest a bit more in defense in Europe?
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    Hanno Lustig
    @HannoLustig
    Oct 14, 2025
    Huge protest in Brussels because the Belgian government wants to reform pensions, increasing the retirement age to 67. Lots of young people out on the streets who apparently can't do the intergenerational math.
    166K
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    Hanno Lustig
    @HannoLustig
    Nov 13, 2025
    The left in Europe is so used to reflexively pushing back against any reform of the welfare state/pension system that they don't realize that, in doing so, they're now actually actively redistributing towards the older and wealthier haves, away from the younger, poorer have-nots.
    70K
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    Hanno Lustig
    @HannoLustig
    Jul 12, 2022
    Uniquely French scandal. Their president successfully forced incumbents who provide lousy and overpriced service to compete with new entrants. Dark forces at play.