Martin Armstrong: The Fed has Lost Control of Inflation
Martin Armstrong: The Fed has Lost Control of Inflation
Palisades Gold Radio: 12-17-2024
Tom welcomes back Martin Armstrong from Armstrong Economics for a discussion on the geopolitical landscape and growing frustration with government.
Armstrong expresses his belief in an increasing frequency of impactful events due to disillusionment with western governments. Martin delves into the deep state, historical examples of centralized governments leading to instability, and the need for decentralization and respect for individual sovereignty.
Armstrong shares personal experiences and insights about Trump and RFK's anti-war stances. Martin touches upon historical issues, including World War II, communism, the Roman Empire, war causes, and the use of sanctions. Concerns are raised about unsustainable debt systems and their correlation with conflict.
Tom pivots the conversation to Argentina's recent budget surplus, potential application in making cuts to U.S. government waste.
Criticisms follow regarding Federal policies to undermine U.S. States and inact gun control.
Predictions for an economic depression by 2032 are shared, with discussions on differences between a recession and a depression, government debt defaults, interconnectedness of economies, and concerns over career politicians.
The role of the U.S. dollar as a global reserve currency, and potential implications for the world economy are also discussed.
China and Russia's potential role in a global economic takeover, natural resources, the Ottoman Empire, monetary crises, gold on the yield curve, practical implications, gun control, authoritarianism, and vigilance are among other topics covered.
Time Stamp References:
0:00 - Introduction
0:35 - Many Geopolitical Shifts
12:32 - Trump & Ending Conflict
27:39 - Cutting Back Gov't
36:30 - Civil Unrest Preps
46:15 - 2032 - The End Game
53:42 - Trump, BRICS, & Dollar
1:04:54 - Russia's Resources
1:07:58 - Risks & Solutions
1:13:50 - Shelton & Gold Bonds
1:18:33 - National Guard Concerns
1:21:08 - Wrap Up
Talking Points From This Episode
Growing disillusionment with governments leads to increased impactful events: Armstrong emphasizes decentralization and respect for sovereignty to prevent global unrest.
Trump, RFK's anti-war stances discussed: Influence on NATO territories like Afghanistan and Ukraine, personal meetings recounted.
Predictions of economic depression by 2032: Discussions on debt defaults, interconnected economies, and career politicians' concerns.