QUESTION: Mr, Armstrong; you wrote that Labour has a slight advantage. I assume you are including the SNP of Scotland since they use to be Labour. They were not included in the Telegraph poll. Is this the reasoning behind your warning that the British pound is likely to fall to par? ANSWER: Yes. The SNP appears […]

QUESTION: Marty; you probably do not remember me but I too lived in London two doors down from you in Cornwall Gardens. I watched your Solution Conference. It took a few days to sink in yet it was terribly enlightening. I believe you could really help Britain. We kept the pound thanks to Maggie so […]

Paul Volcker Former Fed Chairman The entire theory of how to manage an economy via the rise and fall of the money supply being the sole cause of inflation or deflation was discredited post-1971 with the birth of the Floating Exchange Rate System. Unbeknownst to the vast majority, the entire accounting system of trade had been […]

QUESTION: Hi Marty, Thanks again for the post on Griffin’s book and your short history lesson regarding the same. I’m sure your readers appreciate the time and effort you take to shed light on this subject. My question is do you think we as the United States of America would be better off if there […]

Understanding Jackson’s Bank War is critical to our future. He was absolutely correct insofar following the Jeffersonian view, that a national debt would not be a “blessing” as Hamilton proclaimed, but the servitude of the people that would ultimately consume all liberty. In this vain of thinking, Andrew Jackson was correct and in his annual […]

QUESTION: Mr. Armstrong; I understand the income tax was introduced in 1913 with the creation of the Federal Reserve. Is it possible for a nation to survive without an income tax? HG ANSWER: Income taxes are a product of the Marxist period. This is when class warfare became dominant. People actually argued that it was unjust […]

The end of socialism is not going to be pretty. Politicians have screwed the youth with student loan debt that they made non-dischargable to help the bankers, followed by lowered interest rates to “stimulate” the economy, which has only lowered their own cost of funding. The youth are burdened with huge debts paying 7% on […]

COMMENT: Mr. Armstrong, I can talk till I’m blue in the face and it just does not matter! I say to people they are going to ban cash because of taxes and cash is not traceable, try as I might 1 out of 50 people see it. What a shame. I agree when you say […]

COMMENT: Hi Martin I am a macro manager. I read your article on April 9th about Public/ private. I agree it will happen but Commercial banks hold only a tiny part of the US Treasury as you will see from the graph attached. They will probably buy on the way up and China reserve growth […]

COMMENT: Hi Martin, FYI – I personally think the confusion on this topic comes from the University.  I was a student 20 years ago and studied finance.  This is what we were taught – The money supply expands with lower reserve requirements.  It should really read the money supply would expand with a lower reserve requirement […]