Moving from QE to Just Monetizing Government

QUESTION: Mr, Armstrong; Why the push for lower interest rates again in developed markets? You have stated the QE has been a total failure. Are they incapable of doing anything else?

KE

ANSWER: We are switching from QE to a new reality of budget management. If interest rates rise on government bonds, the budget blows out. At this stage, the Fed is toying with the idea of setting benchmark rates for 2 to 10-year instruments. This will be different than QE. It will be the collapse of government bond markets on a global scale.

Latest Posts

Global Debt Reaches 326% of GDP

Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of International [...]
Read more

Free Speech in Germany Only if You Agree With Government

https://www.armstrongeconomics.com/wp-content/uploads/2025/01/German-Free-Speech.mp4   Supreme Court Justice Oliver Wendell Holmes, Jr. made it clear what Free Speech was in Schenk v. U.S., 249 U.S. 47 (1919) (1919), ruling that a restriction is legitimate only [...]
Read more