Blog/Economics
Our Flawed Monetary System & Why it is Doomed
QUESTION: You mentioned that Rome had no national debt and no central bank. Exactly how did it function for 1,000 years? JY ANSWER: In addition to not having a [...]
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The Risks of a Cashless Society
QUESTION: Hi Mr Armstrong, Thank you for continuous education. I hope to get your view on cashless societies. There are worries that nations will move to cashless [...]
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Is Perpetual Prosperity a Fictional Dream?
QUESTION: Hi Mr. Armstrong…Thanks for trying to settle our confusion re: Griffin’s “Creature” You make a distinction between Gov’t [...]
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Draghi – The Opportunity & the Nightmare
I cannot stress enough that Mario Draghi has really destroyed the European economy on an unprecedented scale. I know people who worked on trading desks years [...]
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World Trade & the Confusion
QUESTION: Marty, just reported this past week America’s trade deficit hit a record $891 billion while, in the same week, unemployment report fell to 3.8%. [...]
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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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