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Economics

19 US States Raise Minimum Wage

The minimum wage increased significantly in 19 U.S. states on New Year’s Day. Minimum wages are often portrayed in the mainstream press as a straightforward way...

Why is Keynesian Economics Collapsing?

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...

2025: The Year Confidence Shifted

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...

Reality of Economics

  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...

Japan & the Future

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...

US Government Spending Soared 10,000% in Past Century

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,...

US Retail Spending in October Revised Down

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...

Hawkish Members Outnumbered – Fed Cuts Rates for Third Consecutive Time

The Federal Reserve was divided this December; hawkish members of the FOMC were outnumbered, and the central bank approved its third consecutive cut of 2025....

The Federal Reserve Was Brilliant Until Politics Destroyed It

People love to blame the Federal Reserve for everything under the sun because it is easier than admitting the real problem: government. The tragic part of this...

Jobs and Rates – Down and Up

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates....