People are lining up to peer into a reflective orb to scan their eyes scanned in exchange for crypto – welcome to 2023. Sam Altman, Alex Blania and Max Novendstern founded Worldcoin “with the ambition of creating a new identity and financial network owned by everyone,” as per their introduction email. “Worldcoin consists of a […]
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QUESTION: Thanks for all the great information you share. I have a question regarding cryptocurrencies. Do you think all countries will try to abolish crypto or only certain countries (such as the US) in favor of a central bank digital currency? As of now, many countries appear much more accepting of crypto than the US. […]
QUESTION: You said that when Rome fell it took 700 years before gold coins reappeared. Are we facing something like that again? PO ANSWER: Yes, when Rome fell, gold continued in the East under the Byzantine and Islamic Empires. However, in Europe, the last Western emperor was Romulus Augustus (475-476AD) who was a puppet […]
https://www.armstrongeconomics.com/wp-content/uploads/2023/05/LaGarde-Digital-Currency.mp4 There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention of ever paying off the debt. They are running out of buyers. Attacking Russia and China has divided the world economy, which may be the […]
QUESTION: 1. Due to the draconian rules the US digital currency shall operate under, would you consider the coming US digital currency to be the worst form of currency—worst store of value—worst asset to hold, and if so would it be better to get entirely out of cash before the US Dollar is canceled […]
COMMENT #1: Hi Marty I forgot to mention the ATMS nearby where I live right now.. I use a Credit Union and their withdrawal limit at the ATM at the branch no less has always been $400 these past couple of years. So I would go to the Wells Fargo ATM nearby down the road […]
We have a very serious problem. Banks, Media, and Tech Companies seem to be all pushing for the end of all our civil and human rights. The truth has come out now that the Coutts Bank closed down Nigel Farage’s accounts, and it had NOTHING to do with his finances that they told everyone. That […]
QUESTION: Dear Mr. Armstrong, could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin? For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one […]
