Death of the Dollar

California Wealth Tax to be Applied to Anyone Whoever Worked in the State

by Martin Armstrong, Armstrong Economics: Some people have written in and said I am just a Republican and I hate California. Sorry, I consider myself in the middle. I disagree with a lot on the Republican side as well. Simply put, the government should NOT be in the business of trying to manipulate society any more than […]

The Biggest Collapse in M2 Money Supply Since the Great Depression

by Mish Shedlock, Mish Talk: If your measure of inflation is money supply, then the economy is in a deflationary period right now. Data for the above chart is from the Fed’s H.6 Money Stock Report, released January 24. TRUTH LIVES on at https://sgtreport.tv/ Monetary Definitions M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve […]

The Coming Great Global Default

by Martin Armstrong, Armstrong Economics: QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems. I assume, there might be big differences between countries. Many thanks and […]

Brazil’s Central Bank On The Verge Of Raising Its Inflation Target As It Spirals Into The Inflationary Abyss

from ZeroHedge: Over the past year, we have repeatedly said that the endgame for this particular episode in central bank stupidity will be when the Fed is dragged, kicking and screaming, into hiking the US inflation target (read this, this and this). And while it will take at least a few more years before the […]

Swift Ends Cryptocurrency Access to Global Marketplace

by Martin Armstrong, Armstrong Economics: SWIFT will no longer process currency transactions from bank accounts to crypto exchange, with a value of fewer than 100,000 USD, effective February 1st, 2023. The move is designed to reduce the access of crypto investors which is a step toward what I have been warning that governments will NOT allow private […]