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Armstrong Economics 101

The New Song for New Era

The more people we can inform The greater the hope of making a difference     The Eve of Destruction was a smash hit released July 1965 Today’s...

Fed Holds Rates – What Tools Are Left?

The Federal Open Market Committee unsurprisingly voted to maintain rates at 5.25% to 5.5%. The numerous cuts others were anticipating are completely off the table,...

It’s Always the LEFT Who Are the Threat to Democracy & Liberty

  Throughout history, the LEFT is ALWAYS more violent because at the very core of their belief system is that they are always the victim who is not as...

Why is Keynesian Economics Collapsing?

John Maynard Keynes in his 1936 book, ‘The General Theory of Employment, Interest and Money,” argued aggregate demand was too volatile to be stable and...

Central Bankers & Politicians – Its Time for a Change

COMMENT: It was great seeing you here in Europe. It was even more interesting to see how the central banks are starting to use the ECM rather than wait six to nine...

Credit Card Delinquencies Spike Among the “Rich”

  Inflation can be felt at every tax bracket. Federal Reserve Bank of Minneapolis President Neel Kashkari came out this week and said the public “viscerally...

Interest on US National Debt Hits New Record

Government spending has consequences. The US national debt has surpassed $34.6 trillion at the time of this writing and continues to grow every minute. America has...

Fed President Says Americans Would Prefer a Recession to Inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari has advised against anticipating near-term rate cuts. While speaking to the Financial Times, the Fed...

The Economic Decline of Europe With Rising Interest Rates?

I have returned from a two-week tour of Europe covering the UK, Germany, and Italy. Europe is in dire straights. I have stayed on the Via Veneto since my parents...