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 […]

QUESTION: You say there was no CIA plot in Ukraine and I can see that not even Britain was willing to send troops to Ukraine because of this popular story of a CIA instigated revolution. The feeling in Europe is precisely that. To defend Ukraine would be another Iraq and America cannot be trusted. Whilst […]

With each downturn in the Economic Confidence Model in this 51.6 year long-wave, the decline gets worse and the volatility rises. This is part of the process building until we reach the cataclysmic turned at the end 2032. The polls in Austria are very interesting for this has been a nation that historically represents the […]

QUESTION: How far in the future does your computer model project? ANSWER: One of the fascinating aspects about modeling the world economy is you rapidly discover that the complexity is enormous, yet the outcome is far more predictable Long-Term than Short-Term. This may seem illogical at first, but once you comprehend the dynamics of the system […]

In Venezuela,  President Nicolas Maduro is boosting Venezuela’s minimum wage to defend workers’ salaries against inflation running at nearly 60 percent annually. He said that the 30 percent increase for wages and pension payments will take effect Thursday, in honor of the May 1 international workers day. It follows a 10 percent boost in January. Here […]

Mary Jo White, head of the SEC told Congress that the allegations in Michael Lewis’ new book about high-frequency trading markets are false. She bluntly stated that the “markets are not rigged.” I know Mary Jo White personally and I am no fan to say the least. However, on this comment she is correct. White’s […]

One of the most difficult concepts for people to grasp is the fact that a currency is the OPPOSITE of assets. When assets rise, like gold and stocks, this means that the currency MUST decline in purchasing power. This is the standard function of a currency regardless of what it might be. This is why […]

QUESTION: Hi Marty I was at the trading class in PA though you did an excellent job I have worked on Wall Street for about 25 years sales and trading on equities desk at Lehman, First Boston I have learned more reading your work and attending your conferences than anything over those 25 years So […]

QUESTION: Hi Marty I am somewhat concerned about the events unfolding in Nevada, the encroaching tyranny and the future. Sometimes you say that everything will collapse in 2016. Does this mean that the government will collapse and thereby lose their ability to reign tyranny down on us, or indeed will it intensify as the government tries […]

  There are two ideas that have been responsible for killing more people than anything in history and they both came from the French elite. The first was the idea that land was wealth. This was propagated by the Physiocrats who argued agriculture was the wealth of a nation. Adam Smith’s Wealth of Nations was […]