Blog/Economics
The Fallacy of MMT
QUESTION: These economists who propose this MMT claim that since the U.S. borrows in its own currency, it can print dollars to cover its obligations, and can’t go [...]
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The Solution
COMMENT: If every 16-year-old school student had to write a thousand-word essay on this presentation the world as we know it would change miraculously [...]
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Capitalism – Oligarchies – Socialism
COMMENT #1: Hey Marty, I’ve never written you in this vein, but (always extremely talented) rich guys saying “Let the chips fall, free market [...]
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Persecution – An Economic Symptom?
QUESTION: Mr. Armstrong; Is it true that in Spain under Isabella demanded all Muslims convert or leave Spain? Are we facing such a cycle again when we look at the [...]
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The Divorce Agreement to Avoid Revolution
Here is something that is going viral. It is the reality of our political-economic situation as we head into 2032 and begin to watch this cascade out of [...]
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Karl Marx’s Grave Vandalized – Is this the Cyclical Turning Point from the 1848 Revolutions?
Karl Marx’s grave was selectively vandalized. Someone used a hammer to deface the monument. No other graves were attacked so it is clear this was a [...]
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Stagflation Versus Hyperinflation
QUESTION: Reading your posts it seems to me you disagree with the pending hyperinflation forecasts. What do you see coming then? PH ANSWER: Hyperinflation comes [...]
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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 [...]
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Revolution – Why it is Always Inevitable?
COMMENT: Mr. Armstrong, I just went to see Les Miserables with my wife. I was really moved for it was indeed how history repeats. It just seems we always [...]
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When is Printing Money Deflationary rather than Inflationary
QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of [...]
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