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World Events

Taxes: Eliminating a Barbarous Relic from the Past

  The FT ran a commentary entitled, “The case for retiring another ‘barbarous relic'” on paper money. Money has historically never been a...

Government: The Most Evil Invention in History?

While we need some form of rule of law and independent body to appeal to for complaints, there is no question that government is by far the evilest invention ever...

Advice for Trump

QUESTION: What would you advise Trump if he asked? ANSWER: When I debated Steve Forbes and New Jersey Governor Jim Florio who lost because he kept raising taxes,...

The Fraud in Global Warming Continues

It is pretty bad when a national government agency is continually caught fudging the temperature data while refusing to make corrections. They are clearly...

There is More At Stake Than Just China

Dennis Lockhart, President of Federal Reserve Bank of Atlanta, stuck to his guns late Monday by stating that he still expects the Fed to raise short-term interest...

The Three-Month Rout as People Fear New Asian Crisis

This three-month rout in equities is scaring the hell out of everyone. It has changed the view that the Fed will not raise rates, which has sent the dollar lower in...

The World of Currencies

QUESTION: Mr. Armstrong, the pegs are breaking everywhere. It appears that what you have warned about is unfolding right on time. The emerging markets seem to have...

Belgium & the Hunt for Taxes

COMMENT: Dear Marty,   Thnx for all the insights.   Since a couple of months at a drive in chain in Belgium (Arlon) a couple of miles from the Luxembourg...

Real Estate

QUESTION: Dear  Armstrong, Your work is absolutely brilliant – Thank You. In your paper “a forecast for real estate”, your graph forecasts real...

Does China’s Devaluation Reduce the Odds of the Fed Raising Rates?

Does China’s devaluation reduce the odds of the Fed raising rates? Some people assume that is the case. However, the Fed is in a box and unless they raise...