All posts in " Economics "

The Solution

March 5, 2019

  COMMENT: If every 16-year-old school student had to write a thousand-word essay on this presentation the world as we know it would change miraculously within a generation. JM REPLY: Thank you. I agree. If we stopped and looked at the facts, putting politics aside, we would see that we deserve what we get if we do […]

Capitalism – Oligarchies – Socialism

February 24, 2019

COMMENT #1: Hey Marty, I’ve never written you in this vein, but (always extremely talented) rich guys saying “Let the chips fall, free market capitalism” are gonna get washed away by this wave and we both know it. When the mass of people don’t even own a vegetable plot despite working their rears off for the […]

Persecution – An Economic Symptom?

February 21, 2019

QUESTION: Mr. Armstrong; Is it true that in Spain under Isabella demanded all Muslims convert or leave Spain? Are we facing such a cycle again when we look at the hostility that is growing over religion? KG ANSWER: That is an interesting question. As far as a major religious uprising, we are probably looking at that […]

The Divorce Agreement to Avoid Revolution

February 20, 2019

  Here is something that is going viral. It is the reality of our political-economic situation as we head into 2032 and begin to watch this cascade out of control come 2020. If we do not respect what is written here, there will be no choice for society and it will lead to revolution and […]

Stagflation Versus Hyperinflation

February 12, 2019

QUESTION: Reading your posts it seems to me you disagree with the pending hyperinflation forecasts.  What do you see coming then? PH ANSWER: Hyperinflation comes when two primary requirements are met: (1) there is a complete collapse in the confidence of the government; (2) the government can no longer borrow and can only create money to […]

New Monetary Theory is Like Sleepwalking

February 6, 2019

QUESTION: Bernie Sanders was basing his whole economic proposal to just keep spending and make everything free. They seem to be teaching this in school now. This macroeconomic theory whereby a country’s spending is only constrained not by revenue in taxes but by inflation when it creates a sovereign currency. It seems too good to […]

Revolution – Why it is Always Inevitable?

February 2, 2019

  COMMENT: Mr. Armstrong, I just went to see Les Miserables with my wife. I was really moved for it was indeed how history repeats. It just seems we always end up in the same position because government never changes. PB ANSWER: Unfortunately, socialistic governments pretend that they are taking your money for your own benefit. The […]

When is Printing Money Deflationary rather than Inflationary

January 30, 2019

QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing. Would you please comment. Thanks and […]

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