Skip to content

Berlin 2015 World Economic Conference Nov. 28 & 29

The Berlin 2015 European World Economic Conference (WEC) will cover the world. When we say it will cover Europe, we are talking about the continent, not just the EU. So yes, that includes Switzerland, Eastern Europe, as well as Russia. The WEC will only be held in Princeton and Berlin this year. This should prove […]

Creating Market Depth: The First Step in Creating an Economy

Exchange at Amsterdam Some people have difficulty rationalizing selling something they do not yet have. Of course, nobody complains when they buy contracts in the future’s market, but have no intent of actually taking delivery. This entire line of thinking has been so distorted, particularly by those who claim “paper gold” has suppressed the price […]

Greetings From Frankfurt

I am updating now from Europe. I will be in Europe for nearly two months for a lot of meetings. They would also like me to debate a few economists in a discussion on stage. That should be interesting. Those interested in watching the German TV Show that appeared nationally on Friday can watch it […]

The War on Cash

The “War on Cash” is heating up. Louisiana has outlawed paying cash for second hand goods, under the pretense that criminals sell stolen goods for cash. France outlawed paying more than €1000 for anything, and you cannot get more than €200 from an ATM. JP Morgan Chase is outlawing storing cash in a safety deposit box. Most […]

Inequality of Wealth

1904 View of Standard Oil During the Progressive Era around 1910, the Marxist view of the world was all about the massive wealth of the very rich like Rockefeller. Standard Oil would always rule the world. How could that possibly change? They argued this was undermining economic opportunity for others. The government championed the progressive […]

Jefferson’s Proposal for an Expiring Constitution on a 19-Year Cycle

If there was ever a person who I would say was a mentor to me with respect to political understanding, it is Thomas Jefferson. It was interesting that Jefferson was often attacked because of his ideas. In an 18th-century presidential campaign, people slandered Jefferson’s candidacy to support John Adams, accusing Jefferson of being “half Injun, half […]

Fractional Banking v Bond Market

COMMENT: Marty, I found your take on matching lenders and borrowers precisely on point. Whilst it sounds innovative, that is precisely what blew up with the mortgage backed securities. The New York bankers took long-term and sold it to many banks in Europe and to insurance funds. That was matching the terms. Even Iceland’s proposal to shift […]

Britain and the Likely Labour Government

QUESTION: Mr, Armstrong; you wrote that Labour has a slight advantage. I assume you are including the SNP of Scotland since they use to be Labour. They were not included in the Telegraph poll. Is this the reasoning behind your warning that the British pound is likely to fall to par? ANSWER: Yes. The SNP appears […]

An EU Army to face Russia? Who do you think you are kidding, Mr. Juncker? – Nigel Farage

  Nigel is a former trader. That profession trains you to see the world as it really is, for those who cling to theory go broke quickly. Nigel is not a lawyer, as the rest of the bunch occupying government around the world. So that means everything, for we cannot solve the crisis we are […]

Nigel Farage – Britain’s Last Hope?

QUESTION: Marty; you probably do not remember me but I too lived in London two doors down from you in Cornwall Gardens. I watched your Solution Conference. It took a few days to sink in yet it was terribly enlightening. I believe you could really help Britain. We kept the pound thanks to Maggie so […]