Reality Of Economics | Armstrong Economics

COMMENT: Marty, all I can say is WOW! I have a PhD in economics. You drop bombshells here and there that are so profound they are beyond everything ever taught in economics. Your comment that social justice is incompatible with economic efficiency and individual liberty is right in front of our eyes. Nobody has ever laid Marxism and Keynesianism out to rest in so few words. I would wage a bet it will take just weeks before someone claims this was their idea when what is obvious is that to reach such a profound statement necessitates actual observation and experience. Nobody has that experience but you since you have dealt with governments around the world and major institutional investors. That statement sums up decades of false theories in economics that have suppressed society and is leading to war.

You should have your next generation conference ASAP before unscrupulous charlatans steal your work as they so often do.

HK

REPLY: Yes, I am trying to finish the Economic Confidence Model book. That is in there. I will try to do that Next Generation Conference ASAP while I still can. As far as the charlatans are concerned, the greatest risk that they pose is that they lack the historical database to substantiate their stolen ideas, but worse yet, when questioned, they lack the depth to actually offer solutions to the next turn of events. What I have been forced to learn comes from my clients. Even forecasting war came from dealing with clients and observing how money moves in advance. You do not get there from old theories that were predicated on fixed exchange rate systems.