Blog/Ancient Economies

The Tax Rebellion of 1197 & the state began Robbing Tombs

QUESTION: You have written about the collapse of the Byzantine monetary system. I also believe it fell to the Europeans in 1204 and the story was that the Germans [...]

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Julian II – The Trump of Rome?

QUESTION: Mr. Armstrong; You seem to have studied history more than any professor I ever met. So I am directing this question to you. Did Rome have their Trump who [...]

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The Decline in Quality is Part of the Cycle

QUESTION: Hi Marty, Wanted to ask you if you are noticing the same thing as me regarding the ‘quality’ of goods and services these days and if this is [...]

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December 25th & Holidays

QUESTION: Hi Marty. I was wondering if you knew about the ancient Roman holidays? I was wondering if they had a big commercialized Holiday like Christmas but pagan [...]

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When is Inflation – Deflation?

QUESTION: Mr. Armstrong; the WEC was the best ever. The materials it took you a month to prepare in advance are amazing. Your insight into the difference between a [...]

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Gordian III Æ Sestertii

A lot a people wanted a bronze Roman Sestertius. We sold out of all the issues. The only one I had more of was those of Gordian III. This was an interesting emperor [...]

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New Variety in the Athenian Owls

  The hoard of Athenian Owl tetradrachms has revealed something incredibly important. The seminal work of Chester Starr (Athenian Coinage) identified five [...]

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Roman Republic’s Debt Crisis & Led to it’s Collapse

  QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all [...]

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The Greek Dark Age & Climate Change

QUESTION: Mr. Armstrong; You mentioned that the environment was the primary cause of the Greek Dark age between the Heroic and Hellenistic periods. Can you [...]

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Celtic Gold Ring Money Discovered in Ireland

Gold rings were discovered in Ireland and they seem to be uncertain about their original use. The Celts did not create their own coins for many centuries. They used [...]

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