Blog/Basic Concepts

The Sixth Wave

Yes, we will be addressing the seriousness of the culmination of the last three waves. 2015.75 was the start of the Big Bang — the midpoint in this immediate [...]

Read More

Mainstream vs. Austrian Economics

QUESTION: Mr. Armstrong, I believe the difference between the Austrian school of economics and mainstream economics is that mainstream economists believe [...]

Read More

Quantitative Easing & the Nightmare It Has Created

While so many people claimed that Quantitative Easing (QE) would produce inflation since it was the creation of money, the truth is very far from this simplistic [...]

Read More

Socialism v Capitalism

The debate for socialism is simply that they regard it as unfair when anyone has more than another does. The solution is always to rob someone else to improve your [...]

Read More

How to Convert ECM Dates

  Note: Because this was over .5 of a day, we refer to this target as September 30/October [...]

Read More

Austerity: Good or Bad?

QUESTION: Martin, The ‘Austerity’ argument seems a bit confusing. Surely,  “Austerity” means reducing the size of Government and is an [...]

Read More

Is Quantitative Easing the Same as Printing Money?

QUESTION: Mr. Armstrong; Thank you for coming to Athens. After the presentation, there were so many questions that the moderator did not have time for. You answered [...]

Read More

Are Stocks and Gold Inversely Correlated?

QUESTION:  Mr Armstrong, is it true that stocks and gold are inversely correlated? ANSWER: No. That is not a correct statement. No relationship is static, other [...]

Read More

Why Money Need Not Be “Tangible”

COMMENT:  You said: “The wealth of a nation is the total productivity of its people. If I have gold and want you to fix my house, I give you the gold for [...]

Read More

It is Interesting How People Define Labor as Communistic

It is fascinating how some people interpret “total productive capacity” as only brute labor and thus, communistic. This becomes their argument for [...]

Read More