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 […]
Karl Marx’s grave was selectively vandalized. Someone used a hammer to deface the monument. No other graves were attacked so it is clear this was a politically motivated incident in line with the rising economic tensions between the left and the right. The tomb of Karl Marx is located in London’s Highgate Cemetery. Marx had been […]
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 […]
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 […]
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 […]
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 […]
While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in serious need of help. They have ZERO comprehension of governmental power and ZERO understanding of what […]
QUESTION: Mr. Armstrong: I have watched in amazement how you connect all these elements. Everyone I spoke to agreed this was your best WEC ever. You have said the Fed needed to raise rates because of the pension crisis and it would have nothing to do with inflation but it has to normalize rates to help […]
QUESTION: I have been a reader for 10+ year, Socrates subs and reg for Orlando WEC. Thank you and as a Veteran, I admire your courage and service. Ques: Under Dodd-Franks & Bail-In & Bankruptcy Priority; and, due to the Global Debt Crisis, is there a Custodial Risk for Investors a) who are “beneficial owners” […]
QUESTION: Mr. Armstrong; the WEC was the best ever. The materials it took you a month to prepare in advance are amazing. Your insight into the difference between a sovereign debt crisis and how that produces deflation compared to the debasement deserves a Nobel Prize. My question is how did the people cope with the […]
