QUESTION: Dear Mr. Armstrong, I think this would help readers. I kind of don’t get it. How does the decrease in international velocity of money lead to the...
A lot of people are jumping on board, claiming the problem is fractional banking and the private creation of money, which is somehow wrong, should be handed to...
When Communism fell, there was no private ownership. People ended up owning the place in which they lived for a small fee payable to the government. Suddenly,...
Paul Volcker Former Fed Chairman The entire theory of how to manage an economy via the rise and fall of the money supply being the sole cause of inflation or...
The amount of propaganda against the Federal Reserve is incredible. What we must keep in mind is that its original design, which lasted for about one year,...
