Ancient Economies
Austerity vs. Hyperinflation: Which Is the Precursor to Revolution?
October 5, 2015
QUESTION: Mr, Armstrong; I recently read an article claiming to be a case study that it was somehow the French hyperinflation that led to the revolution. It seems...
Ancient Economies Gold Q&A The Hunt for TaxesTaxation & Its Role in the Destruction of Our Economy
September 12, 2015
QUESTION: Thank you for your fascinating blog. I thoroughly enjoy reading your analysis on social, political, financial and historical topics. i would like to make...
Ancient Economies Q&A The Hunt for TaxesWhy Money Need Not Be “Tangible”
September 9, 2015
COMMENT: You said: “The wealth of a nation is the total productivity of its people. If I have gold and want you to fix my house, I give you the gold for...
Ancient Economies Basic Concepts Gold Q&AJulius Caesar & the Black Basalt Bust Commissioned by Cleopatra
September 7, 2015
The black basalt bust of Julius Caesar is more likely than not the one commissioned by Cleopatra herself. We know that Cleopatra had built an elaborate shrine, or...
Ancient EconomiesMoney: What Is It? What is Interest? What is the Wealth of a Nation?
September 7, 2015
Angela Merkel and IMF chief Christine Lagarde can laugh it up as Europe burns down. The whole crisis stems from antiquated ideas that center on what money actually...
Ancient Economies Europe's Economic HistorySocialism vs. Helping the Poor
September 2, 2015
Above is a Roman Æ Sestertius (34mm, 22.18 g) of Nerva (AD 96—98), struck at the mint of Rome (97 AD). The reverse reads: “PLEBEI VRBE FRVMENTO...
Ancient EconomiesFrance Paying Informants to Confiscate Wealth
August 5, 2015
French customs officials received a tip that lead to the confiscation of a rare painting. The Guardian reported that French customs officers boarded a yacht...
Ancient Economies The Hunt for TaxesRome: Another Example of Detroit?
July 19, 2015
Rome, perhaps the first European capital city to be on the verge of bankruptcy, demonstrates that in economics, nothing is eternal. Governments everywhere are in...
Ancient EconomiesThe Sixth Wave 2032.95
July 13, 2015
QUESTION: Mr. Armstrong; Will you be going over the Sixth Wave this year at the WEC? What you just posted about the Maunder Minimum is very interesting to say the...
Ancient Economies ForecastsWhy Was the 1933 Confiscation of Gold A “Good Thing”?
July 8, 2015
QUESTION: Why was the confiscation of gold by FDR in 1933 a good thing? ED ANSWER: What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions...
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