Martin Armstrong and The Central Bank of China

One of Martin Armstrong's wildest fraudulent claims is that he advised the Central Bank of China in his role as a trader on their request.

He wrote this claim on his blog site, and he repeats it in almost every one of his fire side chat type of radio or video shows and interviews. In a fairly recent interview with Kim Iverson "Unlocking the Future: Martin Armstrong's Remarkable Predictions of Economic Cycles and Wars Amidst Relentless Persecution",  he said on June 16 2023 at 38:30 (emphasis added):

Um they what you have to understand about China is that uh they are actually quite smart.

Um when there was the Asian currency crisis in 97 uh I was uh invited by China central bank and I went over to meet them. I was surprised um but I I wanted to go see the Great Wall so I said sure why not.

I thought I would have to listen to a couple couple bureaucrats or whatever and it was very interesting that they had sent these people out worked on trading desks in New York London Tokyo then they went back to to run the central bank and um so they were Traders which is then it made sense why they called me.

Uh and funny thing is when I came back to the States the guys from the U.S treasury and the FED called me here gee what was it like what do you think?

I said it's very interesting they only hire people who actually have experience. Uh but they understood and what you have to look at what China is doing is they understood what made the United States great.

Show host Kim just laughs but that does not seem to irritate him. Here, he does not even bother to say who name the function of the Chinese people. But nevertheless, the purpose is to bolster his ego and impress his followers.

Some time later in the same video at 1:12:00:

Uh in China I was taken to this facility and they had about 300 people um surfing the internet downloading everything and I was actually helping them become capitalists.

The the questions I got were so rudimentary was crazy um they had 249 varieties of tea and under communism that tea is a dollar everywhere even if it costs you ten dollars to get it to the other side of the country all right that was their problem okay communism doesn't work it's just inefficient.

And they were asking me why is this one tea selling for like a dollar here in five dollars here they didn't understand it I said:

People number one they'll pay more for something they like better until you have transportation costs it's like oh really I said yes okay I mean this is the level that I was dealing with.

Of course none of this ever happened. But is far enough in the past and in a far away country so he can be assured that none of his low IQ followers will ever challenge him. And they have to have a low IQ because otherwise he could not scam them. I am not going to waste my time with his ridiculous claims.

And here is Armstrong's proof. Look at how close he came to the People's bank of China (as a tourist):

On Jul 20, 2023 he repeats the story on his blog page Ukrainian General said Zelensky is Responsible for 100,000’s Dead Ukrainians

Even when I was invited by the People’s Bank of China during the Asian Currency Crisis of 1997, I had been warning that the capital flows shifted and turned back to Europe for the coming Euro in 1998. They said I was doing a fantastic job and to keep up the work. When I asked why they would not come out and say what I said, they replied that they could not criticize another central bank.