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Economics

Milton Friedman Explains Why Stakeholder Capitalism Fails

What brought thousands of people together to create something as simple as a pencil? Some may be familiar with the late economist Milton Friedman’s popular...

INSANE New Tax Proposal – Stealing from Citizens Legally

Success is a punishable offense in Biden’s America. Joe Biden and his administration would like to implement a 44.6% tax on capital gains, the highest tax on...

Income Equality – Paying People Not to Work?

    Under Communism, everyone made the same. That removed the incentive to even invent anything. The socialists looked at Henry Ford and despised his...

US GDP & Recession into 2028

QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a...

Global Taxation – Proposal to Fight Climate Change and Poverty

Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone...

Public Sector Multiplying – Skewed Jobs Report

Fed Chairman Jerome Powell essentially said he was unimpressed by the “strong” jobs report, and it certainly was not enough for the central bank to even...

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that...

Why We Cannot Reach the Fed’s 2% Inflation Target

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the...

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and...

Argentina Posts First Surplus in Over a Decade

It took President Javier Milei of Argentina a mere two months to push his nation into a surplus. The Economy Ministry declared that the government posted a $589...