In his 1936 book, ‘The General Theory of Employment, Interest and Money,’ John Maynard Keynes argued that aggregate demand was too volatile to be stable and...
The year 2025 was not defined by a single shock, but by a decisive break in confidence. Governments repositioned, as did central banks, but both have realized they...
In 1935, Roosevelt introduced “The Social Security Act,” which passed in Congress. However, the act was described as “Old Age, Survivors, and Disability...
COMMENT: Marty, all I can say is WOW! I have a PhD in economics. You drop bombshells here and there that are so profound they are beyond everything ever...
NY Fed’s John Williams believes the CPI data was distorted downward. Williams stated that the economic data blackout caused by the government shutdown caused CPI...
QUESTION: Mr. Armstrong, I understand the previous Japanese government did to you with the letter asking to confirm $10 billion when it was $1 billion and they...
Government spending per person in the United States has soared nearly 10,000 percent over the last century, as reported by the Federalist. The number is staggering,...
October retail sales were flat following a downwardly revised 0.1% rise in September, missing expectations yet again. This is precisely the type of number that gets...