Blog/Economics

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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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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