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Income Tax Has Been Highly Destructive to Society

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 Federal Reserve: Part I “The Creature from Jekyll Island”

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 […]

Change Never Comes Without the Pain

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 […]

End of Bonds Rise in Rates – A New Type of Inflation

QUESTION: Dear Martin, First I would like to congratulate you on your excellent analysis and market views. I am a bond portfolio manager for 25 years and I can only be shocked by current interest rates, specially in Europe. I have recently cut my long exposure to Bunds and everyone says it’s crazy to be […]

The Coming Public Debt Crisis

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 […]

Futures Markets & Money

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, […]

The Decline & Fall of the United States on Schedule

QUESTION: Mr. Armstrong; I read your essay on the 224 year cycle and the peak in the United States would occur April 22, 2013. That was the start of Obama’s Syrian invasion argument. I must say, I am blown away with the accuracy of your work. I read an article in the newspaper here that […]

France Turns to Russia as Well

  The Obama Administration has lost respect in every corner of world affairs. Now the French have come out and said that their intelligence service confirms Russia never intended to invade Ukraine.  

The Forecaster – the World v USA

  It is incredible the stark difference between the United States even allowing the movie to show and just about everywhere outside the USA. The NY banks control the courts, Congress, and the press – the American Oligarchy. Even the theater in Princeton has refused to show the movie where my family would have liked […]

Blood Moon September 28th, 2015

  We have received a lot of emails about the Blood Moon and how the last of the lunar tetrad lines up with the major turning point on the Economic Confidence Model this year – 2015.75. Lunar eclipses usually do not occur in any specific order. However, every once in a while, four total lunar eclipses happen […]