Blog

ECB v Fed

QUESTION: Martin, You mentioned in a recent blog post that the ECB, unlike the FED, can go bankrupt. Can you explain further? Not sure where you get the time, [...]

Read More

Is the Fed the Only Means of Creating Money?

QUESTION: I am confused. Is it true that only the Federal Reserve can create money and not the Treasury? HB ANSWER: It all depends upon your definition of money. [...]

Read More

Federal Reserve & Elastic Money & NY Clearing House Certificates

QUESTION: Why do you support the fed in what you call elastic money and not a gold standard? ANSWER: As usual, you listen to the nonsense about how the Fed is owned [...]

Read More

Did the Fed Create Cash or Debt with QE?

QUESTION: Mr. Armstrong; some people say you are wrong because the Fed did not create “cash,” but rather made more debt available through the QE [...]

Read More

Elastic Money

QUESTION: Mr. Armstrong; I have not read anywhere else how the money created by the Fed you call elastic will evaporate when the bonds they bought mature. You seem [...]

Read More