Reinvent Money, Released on 5/20/25
Paul Buitink talks to forecaster Martin Armstrong of Armstrong Economics, who developed the Economic Confidence Model. He explains how central banks are trapped and interest rates will keep on rising with war. He talks about the impact of Moody’s rating downgrade of the US and the origins of the Fed. Armstrong explains the bond markets and why the Fed is not the problem, but Treasury is. States will go after CBDC for total control, but in the US it’s unconstitutional. He laments the weaponization of the dollar and how it accelerates dedollarization. The socialistic system inherited from FDR will eventually collapse. We need a new political system not based on a debt Ponzi scheme. We also discuss the unlucky fate of the EU and its failing leadership. He hints that confiscation of asset can happen in the Union of Ursula von der Leyen to fund the war in Ukraine. He expects US to withdraw from NATO and Ukraine to be broken up amongst ethnic lines. At the end Martin talks about The Great Taking, how gold will rise with war and defaults and why young people should leave Europe because they risk being drafted.
0:00 Intro
1:35 US rating downgrade and ramifications
3:09 Importance of Treasuries as collateral
5:28 The bond market
6:06 Origins of the Fed and role in world wars
9:17 Central banks in trouble
12:53 CBDC and total control
15:02 Monetization of US debt
18:46 Western vs BRICS currency blocs
22:27 How do we establish a new political system
24:44 Outlook for the European Union
30:18 Triggers for a sovereign debt crisis
32:33 Ukraine
42:03 Trump’s foreign policy
44:30 Confiscation of assets to fund the war
45:43 China
49:20 The Great Taking
50:17 Advice for young Europeans
53:37 Gold price forecast
Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics – a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. He published a book in 2019 called Manipulating the World Economy.