One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they […]
QUESTION: The Fed buying $60 billion in T-Bills each month is obviously not long-term QE. They are expanding their balance sheet, but this is clearly not the QE as before. As a professional institution we can see the difference. Would you elaborate on the difference? FH ANSWER: The Fed is buying $60 billion of Treasury bills […]
QUESTION: Marty; The goldbugs are back and claiming the Repo Crisis is MMT and this is again just printing money endlessly to cover up a major banking crisis in the USA so buy gold of course. You said at the WEC cocktail party this would happen because these people never understand the world economy. Is […]
The central banks are keenly aware that they cannot stimulate economic growth, although they will not state that publicly. The wheel of fortune has completed its revolution. The central bankers are quietly lobbying the political side of the aisle to swing back to Keynesian fiscal policy and reverse austerity. The 63-year-old Christine Lagarde was supported […]
QUESTION: Hi Martin I recently stumped upon a documentary on Netflix about you and your model. I then went on and watched some YouTube videos. To me it makes totally sense that taxation does not work, but how can we change it. Do we need to become politicians? We have a very high tax in […]
https://www.armstrongeconomics.com/wp-content/uploads/2019/08/Bloom-UKIP-on-Banking.mp4 A number of people have asked me to comment on Bloom’s speech on the floor of the European Parliament. He is incorrect in attributing the insolvency of the European banks to fractional banking. They have blown themselves up because of derivative exposure, not actual lending. The US banks survived and have prospered BECAUSE […]
QUESTION: Mr. Armstrong, I am trying to find any valid information, without success, to whether there is any truth to a coming Global Currency Reset, a gold treaty purportedly signed by 200+ nations in 2013 written by a Michael C. Cottrell who upon notification by the Chinese elders, aka Golden Dragon, would then release “the […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 QUESTION: This whirligig talk of whether the Fed cuts rates by 25 or 50 basis points is carnival-level absurdity. Does the Fed have the “pretense of knowledge,” as F.A. Hayek, said, that they can regulate the economy like turning up or down the thermostat? I know you don’t agree with this, Martin, but then, […]
Our confidential sources are reporting that the Fed, ECB, and BoJ have agreed to lobby politicians in an attempt to warn them that they cannot continue propping up the world economy. The ECB, in particular, has been keeping the EU on life support and they have no room to lower interest rates to try to […]
QUESTION: Dear Martin, First let me thank you for your paradigm shifting blog and the incredible conferences you and your team put together. They really are on a level all their own. As we approach the next turning points in the ECM it seems that there are tremendous cross currents favoring both inflation and deflation. […]
