QUESTION: Mr. Armstrong, I think I am starting to understand your view of inflation. It is very complex. I think some people cannot think beyond a simple one dimension concept as you often say. So I am trying to be more dynamic in my thinking process. Here you point out that when debt is collateral […]

According to CNBC, Bob Woodward reported that Trump told Gary Cohn, the former Goldman Sachs/director of the National Economic Council to just print more money to reduce the national debt. Woodward reports this discussion:   Trump: “Just run the presses—print money.” Cohn: “You don’t get to do it that way. We have huge deficits and they […]

QUESTION: Mr. Armstrong; You are a history buff. Who was the richest person in ancient times? Has there ever been a trillionaire? PD ANSWER: The Roman Emperor Augustus. He is believed to have been worth in current dollar terms nearly $5 trillion. The only other person to have reached the trillion dollars net worth status […]

  While we now have people chanting to impeach Trump under the 25th Amendment, we also have a true Treasonous Constitutional Crisis of UNELECTED bureaucrats working to undermine an ELECTED official by the people. Regardless of the issue in play, which they refuse to describe as in the OP_ED, this is a major Constitutional Crisis […]

QUESTION: Hi Marty, The Venezuela vertical market chart you showed in your 9/7 post is quite interesting. To see historic examples is one thing, to see it happen in real-time, quite another. The question I have is this – How can one profit from such a move if the local currency is simultaneously plunging? Venezuela […]

QUESTION: I noticed your chart on the third party activity. Do you find that it does not matter what data series you are looking at the patterns are always the same? Thank you for your brilliant education WH ANSWER: That is an absolutely correct statement. What you are looking at be it politics or markets, […]

QUESTION: With Bob Woodward joining the plot to overthrow Trump, do you think he can survive? KA ANSWER: No. Woodward says he recorded all his interviews. I do not see him as just making this up with a personal opinion. That does not say what he has been told is true. It is unlikely that […]

Monetary History of Byzantium   NICEPHORUS II PHOCAS (963-969AD) Nicephorus II Phocas (born c. 912; 963 – 969AD) was a brilliant military strategist which contributed to the resurgence of the Byzantine Empire during the 10th century but lost Sicily to the Muslims and most of Italy following the incursions of Otto I. He did retake the […]

https://www.youtube.com/watch?v=A_038g_1JT0   COMMENT: Just to let you know, already we have a record-breaking cold here in Minnesota. It did not even wait for Labor Day. DT REPLY: Yes I know. Things are changing and we really should stop this global warming nonsense and begin to actually investigate what is unfolding. Granted, this may not produce more […]

COMMENT: Mr. Armstrong; The chart you posted on the Venezuela share market really made me see what you have been saying. Collapse the confidence in government and capital flees to the private sector. This is never taught in school! You have to write a book for posterity. Please! RW REPLY: The Venezuelan share market has soared […]