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Tag: debasement

The Banking Crisis Of All Time

QUESTION: Mr. Armstrong, Your knowledge and database on financial crises is really unprecedented. I googled the first banking crisis and it brought up only the...

Why CONFIDENCE is the Backbone of the New Monetary System

QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not...

Why Government Cannot Create Inflation

QUESTION: Mr. Armstrong, I have listened to the gold propaganda and believed in it initially but with time they always say the same thing and nothing happens. One...

Money Is Also Perishable – Debasement & Devaluation Easier Than Taxing or Defaulting

QUESTION: Martin; Why in the world anyone would invest in government debt when they all default in the end? GH ANSWER: Honestly, most people are oblivious to the...