The amount of propaganda against the Federal Reserve is incredible. What we must keep in mind is that its original design, which lasted for about one year, was brilliant. The classic banking model, borrowing from depositors on a demand basis and lending long-term making a profit on the spread in interest rates, such as […]

QUESTION: Hello Martin- Great work and I wish you the best. One question regarding your recent email alerts from your blog in regards to the “money out of thin air” discussion that was/is going on. What is your opinion on how G. Edward Griffen’s book, “The Creature From Jekyll Island”, relates to the discussion on […]

QUESTION:  Marty, I am an avid reader and a big fan. My mind now works much better than ever, and I am nearing my 60th year. Thank you for trying to better society in such a selfless way. My question for today is this…how do you do it? What I am referring to is the […]

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: Marty – love your analysis based on 4.3 and 8.6 year cycles. You state that this is all over everywhere and in all markets. Correct, and it is even seen in the Book of Daniel (Bible). Towards the end of Daniel, we see the angel mentioning about 1290 weeks. Well, 1290 (just the number) […]

COMMENT: As you say, future contracts are not immoral. What has created quite some problems in recent years was the ability to work with structurate finance using both futures and ability to speculate leveraging on margin. The combination of the two can be quite dangerous if most of the money are trapped here. As for money, […]

  “However, that will flip the other way for interest expenditures will exceed defense by 2020 and with a uptick in interest rates, then you will see inflation.” My statement as a matter of fact seem to have picked up a lot of interest. Inflation will return ONLY when interest rates rise. I know this is opposite what […]

QUESTION:  Thank you for the explanation about what fractional banking is. It clarifies the real intent and impact of this issue on the economy. Would you please then explain what quantitative easing is? It appears as if this is indeed the creation of money out of thin air. cs ANSWER: This is a different animal […]

QUESTION: Marty, thank you for explaining the banking problem. It is leverage but they cannot create money without a basic deposit. The way these people spin this you would think you just open a bank and create money by loans without any deposits at all. Why are these people so bent on destroying banks? This […]

For the first time since 2008, banks are rushing into government Treasuries (PUBLIC) holdings faster than corporate/consumer loans (PRIVATE). Bank portfolio holdings have been a key component in monitoring the shifts between PUBLIC and PRIVATE CONFIDENCE. These shifts from government securities to private holdings within bank portfolios is an important leading indicator of the rise […]