Skip to content

Armstrong Economics 101

Hard Landing

QUESTION: Dear Mr. Armstrong, I have a question that might interest not just me but also other blog Readers: In your blog Posts you write that you expect that we...

The Marijuana Tax – How Did it Become Illegal & Why?

  Marijuana has been prejudiced over the years by people who have never understood the risks and because there was concern that marijuana might compete with...

Fear of Inflation & Sterilization

QUESTION: Mr. Armstrong; you were friends with Milton Friedman. Do you agree with his view that the Great Depression was caused in part by the Fed refusing to...

Debt & the Point of No Return

QUESTION: Mr. Armstrong; First I want to thank you for coming to Europe this year. It has been some time since your Berlin Conference. My question is simple. How...

You Still Have to Feed a Parking Meter if you Park your Elephant

I use to live in London and I was taking some photos in a Royal Park on a Sunday. The police told me if I was going to take one more photo he would confiscate my...

Keeping it Simple Keeps you Stupid

There was a 14th-century Franciscan friar by the name of William of Ockham who is credited with having formalized the principle that “simpler solutions are...

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...

Understanding Rogue Waves

Over the centuries, sailors have told legends of monster waves that would appear out of nowhere in the middle of the open sea. Most scientists dismissed the...

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...