One of the greatest monetary experiments in financial history has been the global central bank buying of government debt. This has been touted as a form of “money printing” that was supposed to produce hyperinflation, which never materialized as predicted by the perpetual pessimists. Nevertheless, the total amount of Quantitative Easing (QE) adding up the […]
The Democrats blast CEOs and the super rich always demonizing them for elections. They look at their perks and compare them to the average worker to incite class warfare for every election. However, the super rich have nothing on politicians. They can create foundations for tax free living like the Clintons, or rent yachts, like […]
Turkish President Recep Tayyip Erdogan has achieved his dictator status which was his long-held ambition to expand his powers after the referendum handed him the reins of supreme power. However, the integrity of the vote is seriously questioned and the slim victory of just 51.4% approving a series of constitutional changes converting Turkey’s political system from […]
Prime Minister Theresa May on Tuesday called for an early general election to be held June 8, 2017. She is seeking a strong mandate as she negotiates Britain’s exit from the European Union. She said that while the people voted to leave the EU, the politicians had not and they think because she has a thin […]
QUESTION: Mr. Armstrong, isn’t music also cycles with the same structure that repeats? ANSWER: Absolutely. Cycle has specific meanings in the field of music. Of course, acoustically, it refers to one complete vibration, the base unit of Hertz being one cycle per second. Then you have a cycle interval which is a collection of pitch classes […]
This is a great song about United Airlines. In reality, they are all the same. I flew American Airlines and made the mistake of checking a bag. Upon arrival, it was clear that the zipper was cut for I had a lock on it. They said they were not responsible for zippers and it just […]
The Prime Minister Narendra Modi announced on Friday the 14th, that 75 cities will be designated cashless/less-cash townships, with an overwhelming 56 of them being in Gujarat. Modi is determined to bring India into the 21st century. He is being cheered behind the curtain and every government is keenly watching the results. The townships were actually […]
QUESTION: Marty, you said Trump was wrong and China was not a currency manipulator and that Trump was following the same path as James Baker and the Plaza Accord. Everyone knows you are the guy countries run to in the middle of currency wars. Trump just changed his position on China dropping his claim about […]
The EU Commission is looking to bailout Monte Paschi by almost eliminating more than 5,000 jobs. The Monte Paschi plan that was presented last October called for 2600 layoffs. It is the oldest surviving bank in the world and the third largest Italian commercial and retail bank by total assets. This makes it a critical bank in Italy. […]
