All posts in " Economics "

Universal Basic Income – Insanity or Rational?

By admin / January 3, 2018

QUESTION: What is your opinion of Elon Musk and Mark Zuckerberg idea of universal income? ANSWER: The idea of free money being touted by Elon Musk and Mark Zuckerberg only demonstrates that they know nothing about humanity or economics. They see universal free money as a cushion for workers whose jobs might be replaced by automation or […]


Venezuela Oil Industry Collapsing & May Take the Gov’t With It

By admin / December 28, 2017

Venezuela has the largest proven oil reserve in the world. However, they are out of gasoline. The government has attributed this to poor management which has led to the stoppage of 80% of the country’s refineries. So much for socialism. The assumption that government is competent of managing anything is proven by this very example. My old friend, […]


BRICS the Rise & Fall

By admin / December 27, 2017

The first thing to go when a country is moving into economic crisis is the arts. This is intermixed with various social programs. As the economic crisis broadens, demand for taxing the rich rise. However, all this accomplishes is to cause capital to hide and hoard even more refusing to invest or spend and this […]



By admin / December 23, 2017

QUESTION: Mr. Armstrong; Up here in Canada, the politicians seem to not even talk about the NAFTA agreement being changed by Trump. Has something taken place behind the curtain that they are not even worried about that issue? CB ANSWER: While playing a front row seat during the 2016 Election in the States, the truth is […]


Are Democrats/Left-Wing Parties Really Marxists?

By admin / December 22, 2017

QUESTION: Why do you paint the left/Democrats as really being Marxist? OP ANSWER: Marx is the one that started the entire focus on the class warfare. Keep in mind that Marx began his position with socialism – not communism. It was the Commune Movement in Paris that persuaded Marx to adopt communism, which was the […]


Interstate Banking & Changes to the Federal Reserve

By admin / December 15, 2017

QUESTION:  Hi Marty, You say, “The one-size-fits-all policy of central banks with regard to interest rates pits East v West in both Canada and the United States. Farmers, oil producers, and miners are forced to pay higher interest rates when their economies are declining because of speculative booms in Toronto or New York.” I can […]


Evidence of International Trade from the 12th Century

By admin / December 1, 2017

Some Archaeologists in France with the National Center for Scientific Research announced that they have unearthed a hoard of 2,200 silver deniers and oboles, 21 Islamic gold dinars, a very impressive gold signet ring from the Abbey of Cluny, located in Saône-et-Loire, reported by Mining. While they have claimed this is the largest hoard and seem […]


Trump’s Tax Reform

By admin / November 3, 2017

    These days, US President Donald Trump is pushing his number one agenda of his term in office – major tax reform. Trump has been meeting with some of his own party senators seeking approval for the planned tax reform he is hoping will be signed by the end of December at the latest […]

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