The movement within California to split the state between Republican v Democrat has passed the first hurdle in becoming the 51st State. The movement is called the New California. They read their own Declaration of Independence on the floor of the State Senate. Their position reflects the serious divide within this country of left v right. […]
Trump is implementing tariffs against any country that imposes a tariff of American products. This is a tit-for-tat and will be of a like amount. For years, many countries have imposed tariffs on US products when there has been no tariff on their products. The criticism against Trump at Davos was he should put the world economy first […]
The economic message taught in most universities is very distorted. It universally teaches children to judge economic systems from the perspective of their victims. They will endlessly point out the impoverished people and the devastation of the climate as proof that capitalism is evil and that we need government to intervene. We have economist […]
We are moving into a crisis of monumental proportions. There has been a serious fundamental problem infecting economic policy on a global scale. This conflict has been between monetary and fiscal policy. While central banks engaged in Quantitative Easing, governments have done nothing but reap the benefits of low-interest rates. This is the problem we have with […]
QUESTION: Hey Martin, … My question is: is there an influence of the Dow at this moment on the cryptocurrency market and the precious metal market? As you say, gold is not ready yet… Will the possible correction of the Dow play the confidence game and scare a lot of markets off? ANSWER: Yes. With Dow declining, […]
QUESTION: Hi Martin– The Christian Reformation of 1517 was the springboard for the development of western civilization. Most scholars focus on the theological aspects of the Protestants vs. the Catholics. But all have missed this key point: the economic impact of indulgences. I theorize that when indulgences ended, the masses had vast amounts of […]
The conservatives are going nuts about raising the debt ceiling as if this really matters. They claim: “The United States is effectively bankrupt, but that doesn’t matter to the GOP. Once evangelists of fiscal responsibility and scourges of deficit spending, Republicans today glory in spilling red ink. The national debt is now $20.6 trillion, greater than […]
QUESTION: I am most interested in your revisionist view of QTM. You debunk QTM frequently within broader topic discussions, but I’d love for you to address QTM by itself in a historical context. Perhaps starting with the Austrian darling, Henry Thornton, and his “An enquiry into the nature and effects of the paper credit of Great […]
The Trump was preparing for at least a weekend-long partial government shutdown Friday night, expressing little confidence that Congress could pass a bill by the midnight deadline to keep the government open. Trump canceled a scheduled trip to his Palm Beach resort on Friday as he met with the top Senate Democrat to try to […]
Culture is changing and much seems to be reverting back to the way it was before Socialism. Before the 1930s, there was typically a large age difference between couples. The boy had to become a man and then approach the father to ask for his daughter’s hand. He would have to demonstrate that he was […]
