US Debt is unsustainable

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2hrs of insight into the mind of Martin

The Meaning of Cycles and Beyond | Martin Armstrong Feb. 15, 2025​

 
 

Martin Armstrong: The Fed Can't Stop Inflation​

Tom welcomes back Martin Armstrong from Armstrong Economics for a discussion on the never ending news cycle. Martin begins by reflecting on the current political landscape, comparing it to the challenges faced during the first Trump administration. Armstrong highlights how President Trump has learned from past mistakes, particularly in assembling a cabinet that is not tied to the "deep state." This shift, Armstrong argues, is crucial for enacting meaningful reforms.

The conversation then turns to government waste and corruption, with Armstrong referencing specific examples of misallocated funds, such as support for a transgender opera in Columbia. He emphasizes the importance of transparency and accountability, especially given the staggering levels of debt that governments worldwide are accumulating. Armstrong warns that the current system is unsustainable and that a reckoning is inevitable when buyers for new debt no longer exist.

Armstrong also delves into the global reserve currency status of the US dollar, explaining how its dominance emerged post-World War II. He discusses the manipulation of economic indicators, such as CPI adjustments, to hide the true state of fiscal health. Armstrong's firm has successfully forecasted economic trends and events, including Brexit, by focusing on raw data rather than political narratives.

The interview then shifts to geopolitical tensions, particularly the conflict in Ukraine. Armstrong critiques the handling of the crisis, arguing that it is being used as a diversion from deeper economic problems. He suggests that the war serves the interests of certain European leaders who seek to weaken Russia and strengthen their own power. Armstrong also touches on the potential consequences of tariffs and trade policies under Trump, warning against the risks of contagion in global markets.

Finally, Armstrong offers advice to listeners, urging them to pay attention to developments in Europe and the flow of capital during times of conflict. He emphasizes the importance of understanding global economic trends and avoiding the pitfalls of mainstream media narratives.

Time Stamp References:
0:00 - Introduction
0:34 - Trump & News Cycle
3:18 - Government Waste
7:52 - Leadership & Information
12:12 - Trump & Mkt. Optimism?
18:30 - Resource Deals & Peace
23:10 - Europe Preps for War
30:43 - Capital Flight & War
35:08 - European Basket Case
36:34 - U.S. 'Monetization'
42:53 - Creation of the Fed
47:00 - Fed Can't Stop Inflation
49:12 - A Global Perspective
53:05 - Trump & Tariff Impacts
57:50 - Canada - U.S. Takeover?
1:01:43 - Epstein Honey Trap
1:09:37 - Watch Europe & Ukraine
1:13:20 - Wrap Up

74
 
The Fed can certainly stop inflation.

By stopping the expansion of the money supply.

What the Fed CANNOT do, is make the hard choices that would lead to stopping the expansion of the money supply. Probably the Fed chairman would be removed before he could implement a course of action.

So the Fed chair cannot do it; but that is not the same as the Federal Reserve being unable to do it.

We just have a phalanx of corrupt, weak, craven Elites who hate the nation that has so elevated them, that they'd rather destroy it, pushing the lower classes into the mire first, than cut back on their own growing wealth in returning to responsible monetary and economic policies.
 
Much of this information was copied from an email subscription from Doug Casey
Red font is my comments


Exploding interest payments have now crossed $1.12 trillion

chart.jpg

To put it in perspective: $1.12 trillion is bigger than the entire economy of most countries. It’s larger than Turkey’s economy, and almost double the size of Thailand’s.

It also dwarfs just about everything else in the government’s budget—even the military-industrial complex’s sacred cow. In fact, interest is now the second-biggest budget item, behind only Social Security.

That $1.12 trillion interest bill represents a 36% increase from just two years ago.

According to the latest Monthly Statement of the U.S. Treasury (page 9) gross interest paid in March amounted to $104.4 billion — or about $3.4 billion per day. That's a staggering 56% of the $185 billion the government collected in income tax receipts (page 4).

Put simply, 56 cents of every dollar you paid in income tax in March went to cover interest on the debt.

  • Per year: $104.4 billion
  • Per month:$8.7 billion
  • Per day:$286 million
  • Per hour:$11.9 million
  • Per minute: $104.4 billion ÷ (365 × 24 × 60) ≈ $198,000
  • Per second: $104.4 billion ÷ (365 × 24 × 60 × 60) ≈ $3,300
Keep in mind, nearly two thirds of Americans cannot cover a $500 emergency expense
  • $500: Around 63% of workers report being unable to cover this amount.
  • $400: Approximately 37% of Americans lack enough savings to cover this expense
  • About 18% of Americans say the largest expense they could cover using only their savings is under $100
  • 21% having no emergency savings at all
 

"You Better Start PREPARING Yourself NOW..." - Peter Schiff​

Apr 27, 2025

Peter schiff talks about the National Debt, Interest Rates, and the debt payments. he said that we will reach a $1 Trillion Dollar in interest payments of the national debt by next year. because The More Debt We Have, The More Inflation We're Gonna Create, The Higher Interest Rates have to be.


8:24
 
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