Blog/Ancient Economies

China & its Monetary History

  QUESTION: Marty, it was interesting for you to mention some chinese history including the mongol empire the other day. i am currently studying the monetary [...]

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When Bronze is Worth More than Gold and Silver

An ancient Roman shipwreck has been discovered in the port of ancient Caesarea, located in Israel. The ship was full of bronze statues and coins that were destined [...]

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The First Roman Emperor Not of Latin Origin was From Syria

Claudius (Tiberius Claudius Caesar Augustus Germanicus; b. 10 BC – 54 AD; r. 41-54AD) was the first Roman emperor born outside of Italy. However, he was a member [...]

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600 kg Roman Coin Hoard Found in Spain

Construction workers in Spain found 600 kg (1,300 lbs) of ancient Roman coins while working on water pipes in southern Spain. The coins date to the period of [...]

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Why Government Cannot Create Inflation

QUESTION: Mr. Armstrong, I have listened to the gold propaganda and believed in it initially but with time they always say the same thing and nothing happens. One [...]

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Vikings

QUESTION: Marty, I have not seen you write about the Vikings. Did you take their rise and fall into consideration in your model? YC ANSWER: Of course. The monetary [...]

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The Other Side of 2015.75

QUESTION: Marty; I attended your WEC in Princeton. It was really amazing. The year before you had pre-conference training session. That might be a good idea to [...]

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Have Governments Always Spent More Than Tax Revenues?

  It might surprise many, nonetheless, governments have routinely spent more than they take in from taxes. In ancient times, governments simply minted more [...]

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The Confidence Game Has Been Around Forever

QUESTION: Mr. Armstrong; Is it true that the central banks have been lying to us to create a false sense of confidence in order to reverse the economy? Is this part [...]

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Hiker Discovers Roman Gold Coin in Galilee

Thank you for all the emails on this discovery of an ancient Roman coin in Galilee. Yes, it is a relatively rare coin. However, it did not exist at the time of [...]

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