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 […]

QUESTION: Hello Mr. Armstrong,  I am a big fan of your work. I read ALL of your blogs and have purchased some of your materials. You truly opened my eyes to how the world really works. I am unfortunately one of those public workers you talk about. I first hand see how my employers are having trouble […]

In reality, easy-money policies and below-normal interest rates are here for a long time to come. We are seeing pressure on the labor market still has not fully recovered from the financial crisis and recession. We are at twice the level where we were prior to the economic turn in 1929 that became the Great […]

  COMMENT: They should title it ….”protesters protest corruption” Of course these small time medias are in the pockets of someone else. REPLY: Sometimes the small media just publishes events because it is news and they do not think about what is behind it. The major networks clean everything. There use to be the Fairness Doctrine, which […]

The Treasury Department saw the weakest demand since August 2011 in a sale of 30-year Treasury bonds today. The demand for long-term bonds that has driven interest rates well below the old benchmark of 8% has been the rise in demand for pensions. As the Baby-Boomers were getting closer to retirement, the bid for “safe” […]

What is happening in Donetsk is by the classic book on how to wipe out an economy. The banking system has shut down. The banks simply have said it is too dangerous for their staff to work. The only way to get any money is using a bank card but that will soon run out. Ukraine’s […]

Just to set the record straight, markets can be rigged insofar as when banks act as brokers and keep track of client positions and trade against them. That is standard operational procedure despite Goldman’s denials. That has been going on for decades. There was the typical running of stops by floor brokers. This systemic market […]

Christine Lagarde is a french lawyer who became chairman of the Chicago firm Baker & McKenzie. Obama endorsed Lagarde ahead of the vote claiming a woman would be proper after  Dominique Strauss-Kahn, had to resign after being charged with attempted rape in New York. However, the maid was found to be anything but credible and there is […]

The Ukrainian Crisis is far from over and confrontation between the West and Russia seems to be inevitable, albeit after September. The Kyiv Post illustrates the ballot in Crimea where there is no actual spot to vote against joining Russia. Voters in Russian-occupied Crimea in the March 16 referendum have only two choices – join Russia immediately […]

It is always good to read the words of the other side of any debate. If you cannot see their point of view, you will never grasp what the future holds. Marxism has not died. The only hope for that comes at the minimum time frame for a change in long-term trends, which is 26 […]