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Punic Wars & the Economic Confidence Model

QUESTION:  Mr Armstrong, How does the ECM stack up against The Punic Wars which left the victor, Rome,the Mediterranean superpower and on the road to Empire? Many...

Austerity vs. Hyperinflation: Which Is the Precursor to Revolution?

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...

Did Gold Survive the Depression?

Some people totally confuse gold and money. During the Great Depression, we were on a gold standard. During a decline, ALL assets will decline against whatever is...

Fed Makes Same Mistake as It Did in 1927

The Federal Reserve yielded to international pressure, making the very same mistake that it made during 1927. Back then, there was a secret meeting and the Fed...

Taxation & Its Role in the Destruction of Our Economy

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...

Why Money Need Not Be “Tangible”

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...

Julius Caesar & the Black Basalt Bust Commissioned by Cleopatra

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...

Money: What Is It? What is Interest? What is the Wealth of a Nation?

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...

Socialism vs. Helping the Poor

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...

Government: The Most Evil Invention in History?

While we need some form of rule of law and independent body to appeal to for complaints, there is no question that government is by far the evilest invention ever...