World War III in Financial Markets Begins

As I mentioned on the Private Blog yesterday, the Federal Reserve declared World War III in the financial markets as the European Central Bank (ECB) was on its [...]

Read More

Do Lower Interest Rates Promote Deflation?

QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only [...]

Read More