Skip to content

Tag: Debt

Cost Of Living Outpaces Wage Increases

A recent study by Achieve revealed that despite a 37% increase in income, many Americans are facing financial challenges due to rising costs and high interest...

Biden Vetos Plan to Scrap Student Debt Redistribution

Canceling student loan debt was a lofty promise Biden made during his presidential bid. Three years later, he has made no progress. This was one of those...

US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion...

Most Americans Will Die Penniless

It is a depressing reality, but around 73% of Americans will die with debt, according to a 2016 poll by Credit.com. The average amount of outstanding debt at the...

New Monetary Theory is Like Sleepwalking

QUESTION: Bernie Sanders was basing his whole economic proposal to just keep spending and make everything free. They seem to be teaching this in school now. This...

What If We Just Wiped Out All Debt?

QUESTION: Hello Marty I am hoping you will print this in your blog. Everyone knows that Govt’s/Banks print money out of thin air and then “owe...

Emerging Market Debt Expanding Twice the Rate of 2016

The view that BREXIT is a creating uncertainty in Europe with the swell of populism, the demand for dollar denominated debt has been strong over the past year. This...

Democrats Count of Press to Blame Trump if Social Security Defaults Temporarily

The Debt Ceiling issue is back and of course people will sell the dollar as if the USA would actually default. The bulk of the debt is owned by the government so...

The Euro Crisis & The Previous Debt

QUESTION: Hello Martin, I understand and agree to what you are saying in your post however I cannot understand what you mean when you say that: “Secondly,...

Velocity of Money & the Boom and Bust Cycle

QUESTION: Mr. Armstrong; Is the velocity of money an indicator of booms and bust? Didn’t the QE program by the Fed increase the money supply? Then why do we...