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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More

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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More