The latest book by Martin A. Armstrong is now available for purchase.

The economic theories that dominated the field during the 20th century have failed us and empowered government to believe they can manipulate the business cycle. Every economic theory presented post-Marxism has assumed that the complexity of the business cycle can be reduced to a single cause and effect. To date, no attempt to manipulate the cycle has prevented a recession or financial crisis. We now face a truly monumental crisis. Central banks around the world are trapped. Their attempt to stimulate the economy through Quantitative Easing and rate manipulation has disastrously failed.

The central banks have primarily purchased government debt, effectively keeping governments on life support by allowing them to issue new debt at substantially lower rates. In addition to catastrophic Quantitative Easing policies, political fiscal spending on various programs and agencies has burdened governments with a debt that they can never repay. The future crisis is one created by government. This time, we are not likely to fix the problem without major political reform, which all governments will resist. These policies have led many to assume that government can freely create money without inflation. After creating trillions of dollars to buy government debt with no appreciable inflation, many conclude that everything has changed.

They are calling this the Modern Monetary Theory. If they are correct, then why bother to have taxes or borrow money continuously with no intention of paying off national debts? Governments, in modern theory, can simply create an endless supply of money to create a new modern version of Utopia. Can we throw away all economic history for an experiment that could unravel civilization if the theory proves to be wrong? What are the risks? Can it really be that easy? Are there any examples from the past that we can look to for answers?

  The FIFTH EDITION is now Out This book has been rated 5 stars and is in the hands of just about every government around the world. In this edition, the COVID Manipulation has been added in detail with over 50 pages devoted to this subject. This work covers the economic theories that dominated the […]

COMMENT: Martin, I am an election manager (coordinator) in —- and I have been observing the election fraud situation. In the states that are at issue, there were stark similarities.  To even think that one day, lots of people woke up and used the same techniques is stupidly naive.  In my estimation as a Washingtonian, […]

QUESTION: Marty, A while back you made mention that there was fear that the dollar would split. I believe this was in the 1970’s, soon after the anchor to gold was lost. If that is the case then it looks like gold reflected that lack of confidence and I wonder whether it really was oil or […]

Even the Wall Street Journal has admitted that the vaccines carry a greater risk than the politicians are saying. Will Twitter now ban the WSJ from ever posting along with BigTech? There have been reports of teenagers dying from heart attacks after being vaccinated. The CDC quietly said it will look into the heart problems […]

QUESTION: I believe as professors have taught Keynesian Economics, so too will we one day have Armstrongian Economic theory. My question to you sir is this, “Have you ever seen Socrates react to a singular event that made your computer model actually do a complete 180? Thanks for all you do! Your blog is the […]

ASIA: A report published by United Nations Development Programme highlights that trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years’ worth of growth among global value chains in affected countries. The report found looking at the post-pandemic future of global value chains found that trade within those […]

COMMENT: Hello Martin When are these bastards going to get their day? I have friends neighbours that have taken the vaccine and all of a sudden they are feeling bad. high blood pressure, low haemoglobin levels, dizziness, headaches extreme menstrual bleeding. They still do not mention that it may be the vaccine. In fact I […]

COMMENT: Marty, You have written much about the period 1927-1929 dominated by the relationship between Monatgue Norman and Benjamin Strong; how pressure from Britain to keep rates in the US lower was intended to relieve pressure from Europeans fleeing for the US, attracted by our faster growth. It seems eerily similar today, the conditions now with the US, first […]