QUESTION: Hi Mr. Armstrong, Thanks for continuing your daily blogs. One by one the light goes on for your readers. Your currency illusion blog today really hit home when I compare a similar situation in my own case. In 1999 I bought a ski chalet in Canada for $X US dollars when the Canadian dollar was […]

Former Federal Reserve Chairman Ben Bernanke has been turned down for refinancing his home mortgage. Bernanke said:  “Between ourselves, I have recently tried unsuccessfully to refinance my mortgage loan” he told Bloomberg at a conference in Chicago. Reason, the lending standards in the USA were regulated. Ben went from having a steady job with regular income […]

The arrogant President Obama suggested in an interview published in the New York Times on Saturday that you need to be a lawyer to understand the U.S. Constitution. This is precisely what I mean about law. It is always someone’s interpretation because it is impossible to ever write anything and have it mean a single […]

The entire problem with derivatives being structured by banks has been the complex nature and the fact that such structures remain untested and perpetually blow up in everyone’s face. The Wall Street Journal reported on Sunday reported that Credit Suisse helped put together billions of dollars in securities that were issued by offshore investment vehicles of […]

A reader from Australia sent this in from Victoria. Here we see that we are economic slaves. The government seeks to prevent travel if you owe anything. They should just take it all and call it a day. COMMENT: Hello Martin, I though that you might like this, it is an editorial from Saturday’s Herald […]

QUESTION: What is ‘modern day’ currency devaluation? I have read your articles about the 1930s devaluation and I also do understand what money is (thanks to your writings). I am not sure what ‘modern day’ currency devaluation is and I was hoping you may write more about this subject. I know there is a lot […]

  Winston Churchill said that “History is written by the victors.” That is so true even among Establishment Academics. Anyone who thinks that Global Warming is really caused by man is naive to say the least. This is a political agenda to raise taxes by politicians and to reduce population growth among academics. What these people have […]

The Actor Alec Baldwin was arrested Tuesday in New York City and issued two summonses — one for disorderly conduct for arguing with a cop (IRS Agent on Wheels) — after riding a bicycle the wrong way on a New York street, police said. NYC is so insane with attacking people for everything to hand […]

Believe it or not, teacher unions only see their own situation. Unions have destroyed Philadelphia. The Convention Center is a huge loss because of the demands of the unions. Now, the Chicago Teachers Unions are arguing to tax the exchanges in Chicago to pay for their lavish pensions.   In New York, Nurses want to […]

  The Federal Reserve Act of December 23, 1913 authorized the first issue of Federal Reserve Bank Notes. All denominations were issued from 5 to 10,000 Dollars. The notes from 5 to 100 Dollars are series of 1914. The higher denomination notes from 500 to 10,000 Dollars are series of 1918. With the establishment of […]