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Q&A

Money is Irrelevant – Deal With the Issue Directly

QUESTION: I understand austerity is self defeating and crippling, but is there any other way to constrain elected officials from driving into unsustainable public...

How Much Cash Should One Have Outside of the Banks?

QUESTION: How much cash should one have? ANSWER: No institution is safe for all can be closed by decree, including credit unions. This is true of safe deposit boxes...

Why Was the 1933 Confiscation of Gold A “Good Thing”?

QUESTION: Why was the confiscation of gold by FDR in 1933 a good thing? ED ANSWER: What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions...

Chicago Considering a 30% Property Tax Increase to Pay Govt. Pensions

COMMENT: Couldn’t help myself – I must share this personal story with your team and the blog readers. After reading Martin for just about a year, I began...

Discovery vs. Theory

QUESTION:  Hi Martin, Since one year now I follow your blog and I see most things unfolding exactly as you describe. Although I do not agree with all points...

Who Prints Euro Notes?

QUESTION: Mr. Armstrong Who prints euro notes? Could Greece just flood the market is euro banknotes? Thanks you for your guidance PK REPLY: Legally, both the...

Greece Shuts Down Access to Safe Deposit Boxes

COMMENT: Hello Martin, A few minutes ago the deputy Minister of Finance Mrs Olga Valavani said safe deposit boxes will be reserved! Bank officials denied this...

Greece & Brussels’ Quest to Dominate Europe

QUESTION: Marty, I want to say congratulations. You stood up there in Berlin in 2012 and said the Euro-Swiss peg would break and that Greece would ultimately leave...

U.S. vs. Brussels on Greece

QUESTION: Mr. Armstrong, It seems curious that the IMF would release a report ahead of the Greek Referendum that was over the objections of the European members....

There is No Hope of Stopping the Crisis in Europe

QUESTION: Mr Armstrong; A friend works for a ….. Hedge Fund. He said you could put together a team to save Europe. Would you take up such a challenge? Thank...