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The Fallacy of MMT

QUESTION: These economists who propose this MMT claim that since the U.S. borrows in its own currency, it can print dollars to cover its obligations, and can’t go broke. The theory has won converts among freshman Democrats like Alexandria Ocasio-Cortez as a way to finance such social policies as the Green New Deal and Medicare […]

Finland Government Collapses & Why the Media is Silent

QUESTION: Mr. Armstrong; Your movie the Forecaster was on TV here in Scandinavia. That introduced me to your research. When I discovered your film was on TV in Europe, Canada, and Asia, but not the United States, that merely confirmed the corruption in New York. Here in Finland healthcare is comprehensive and it is taking […]

The Florida Migration Influx

COMMENT: Mr. Armstrong; I want to thank you. My parents died and left me their home in Naples, Florida. I was going to sell it but after reading you and the fact that even you moved to Florida, I decided to keep it. We have been renting it out and it is always fully booked. […]

35% of American Believe Government is the Problem

  The results of my life research, reading every newspaper story going into the bull market of the Roaring ’20s and the Great Depression revealed that before the high in 1929, when interest rates were rising, people interpreted it as BULLISH for it demonstrated that there was STILL a demand for money. Indeed, interest rates […]

Modern Monetary Theory v Central Bankers

QUESTION: Hi Mr. Armstrong et al: Read your blogs daily with great interest & recommend them to all my friends. You’ve absolutely changed my perspective on so many issues. There is a contradictory theme that I & my friends can’t figure out – hope you could respond. You have an obvious animus with Mr. E Griffin […]

Market Talk – March 6, 2019

Asia: Another positive day for Chinese stocks. The Shanghai Composite added 47 points (1.54%) to 3101, the highest closing since June 7th 2018. The SENSEX increased 190 points (0.52%) to 36633, Hang Seng and ASX200 rose 76 points (0.26%) to 29,038 and 46.3 points (0.75%) to 6,246 respectfully. However, both the NIKKEI 225 and KOSPI […]

Government Ordering Agriculture Be Removed From Commodity Indexes

I am in Europe ahead of the May elections as the crisis begins to build. It appears that the powers that be may be talking about Global Warming to justify more taxes, but behind the curtain, these freezing winters are having their impact. The potato crop in Germany has hit a historic low due to […]

World Economy – Which End is Up?

QUESTION: Hey Martin First of all, great work with the new Socrates. Thank you very much for getting it to us. You have said that rates are exploding with fed raising rates for the pension funds and because of the lost confidence in government, at least here in Europe. Am I correct when I take […]

Will the Democrats Split into Two Parties after AOC’s Threats?

The Democrats cheered the election of Alexandria Ocasio-Cortez (AOC) for they were sure that they were now going to be the party of the millennials. However, there is a growing division with the Democratic Party that for the first time may see itself fracture and divide as was the case when it split from the […]

California to Tax Anything & Everything They Can Think Of

COMMENT: Marty, You have to help us out here. California tried to tax text messages. The feds stopped that. Now, LA county wants to tax Uber and lyft. They’re already taxing us, I think, for mosquito control. The mosquito control only hands out info too. It does no real work. This is crazy. Everywhere in California, […]