Slobodni Podcast
Armstrong’s Claim: Stablecoins Are a Debt-Funding Scheme
20.02.2026
3:32
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Martin Armstrong delivers a controversial critique of stablecoins, arguing they are not a genuine financial innovation but a mechanism to finance government debt — similar, in his view, to how war funding schemes operated historically (he points to the U.S. Civil War era as an analogy). Armstrong claims banks can buy government debt and then issue stablecoins against it, effectively turning digital tokens into a modern version of war-bond financing.
He also argues that as China reduces its holdings of U.S. Treasuries, alternative channels must absorb continued U.S. borrowing — and he suggests stablecoin structures could play that role. Armstrong adds that his forecasting model points to a higher risk of war next year, and he warns that war reliably accelerates debt growth. His broader conclusion is stark: global debt trajectories are unsustainable and keep rising without a realistic plan for repayment.
WEB: https://slobodnipodcast.hr/2025/12/21/zasto-je-martin-armstrong-u-pravu-kada-najavljuje-rat-2026/
FULL epizode: https://www.youtube.com/playlist?list=PLJTy3oXCzHShsVuJ-zfiGnx96nuR-BNWB

