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Armstrong Economics 101

Unemployment Expected to Rise

Jerome Powell recently admitted that combating inflation will lead to rising unemployment. Powell admitted that to establish price stability, the labor market will...

The Fed v Congress

Powell addressed Congress on Wednesday to curb inflation fears. The Fed is stuck between a rock and hard place right now as some must lose in order for the...

Consumers Spend More on Less

Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...

I Would Never Invest in Disney After Lightyear

QUESTION: Happy Father’s Day. My question is simple. As a father, would you take your children to see Disney’s Lightyear? HH ANSWER: Personally, no way....

The Federal Reserve Cannot Combat Inflation Alone

Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated...

AI & the Future

Klaus Schwab’s view of the future and Artificial Intelligence is seriously flawed. He argues that the fusing of the political, physical, digital, and...

European Central Bank to Raise Rates Amid Record Inflation

Inflation in the euro area reached a record high of 8.1% in May across the 19-member states. It is no longer possible for the European Central Bank (ECB) to release...

Do I Whine?

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PRIVATE BLOG – Inflation Reality v Consensus

PRIVATE BLOG – Inflation Reality v Consensus Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Sen. Kennedy on Gas Prices: “It’d be Cheaper to Buy Cocaine and Just Run Everywhere”

Senator John Kennedy (R-LA) ripped into the entire Biden Administration for economic mismanagement. “Treasury Secretary Janet Yellen — who was also captain...