QUESTION: Mr. Armstrong; Is it possible that governments devalue currencies to confiscate capital like taxes? It really does not seem likely that these people have any intention of moving into hyperinflation. They are increasing money supply but at a slower rate than the destructive deflation. It clearly appears governments are in a confiscation mode and […]

The confrontation between the USA and Russia over Ukraine is turning into a pissing match. Russia wants the IMF to do the reforms without the USA sources. While this is a political blow, it is a stupid move for the IMF is a total disaster. Yet then again, Russia may be banking on the fact […]

Some have written that my view on Prostitution may be worldly, but not religious. I have always taken the view just as Matthew 7:1 states “Do not judge, or you too will be judged.” People will be people.  That is why there is a heaven and hell for both types. However, the young girls that are runaways […]

A speech delivered by Larry Summers at the IMF Research Conference on Nov. 8, 2013, has caused a real stir and is being hailed as brilliant, succinct, and a ground-breaking presentation that explained what many say is the most pressing economic matter of our time. The speech is being widely praised of course by Paul […]

QUESTION: Dear Mr.Armstong Reflecting on your thought written “Solutions” is the QE process partially accomplishing the thought of eliminating Public Debt and just print money for Government services. Federal debt of $17 trillion, of which $11 trillion is held by foreign nations. The remaining $6 trillion can be eliminated with QEs. If there is incentive […]

The shaky global economy already is besieged by other threats, including the sudden drop in exports from China for September. We are headed into this debt vortex from which rational minds simply cannot prevail. We are plagued by old politicians too entrenched in the system to see that the road they are on leads to […]

It was under Jimmy Carter in 1978 that the structure of government funding and reporting was changed. Previously, each agency had to apply every year for their budget. Then, to save time, Carter indexed them to CPI. When the CPI took off dramatically into 1980, the cost of government exploded. Now Republican leaders in the […]

The side-effect of socialism and high unemployment among the youth is the rising crime rate in Europe involving youths under 25 for monetary gain. A 72 year-old retired boxer beat-up a youth with a knife who entered his home. Hiring police has been rising, but at the same time there are those who are arguing […]

  See Also the Cyprus Proposal Presented to that Government   What we face is the final days of Marxist-Keynesianism that justified centralized government planning of the political-economy. China and Russia both began their collapse in 1989 as the first leg of Marxism collapsed – outright Communism. The fundamental flaw of this entire theory is that government […]

Comments have already poured in regarding hyperinflation. A new report on Japan the Tipping Point will deal with the worse fiat monetary system in history. That should be ready shortly. Everything follows a bell curve. Some regulation is necessary to establish rules of conduct to provide the reason to come together to form society. But […]