QUESTION: Martin In your latest post you go into very good detail of how the Euro continues to be strong(although it has been noted the model expected it to fall) and that when the Euro does fall it will take the European markets with it. Are we to assume that if the dollar does rally it […]

The revelations that Snowden has shown the world has exposed a real conspiracy against the people. It is not dark sinister groups trying to collapse the economy to create a new world of Communism, that was the fad back in Rockefeller’s day. They actually believed Communism would work and be fair. The USA adopted Marxism […]

QUESTION: Mr. Armstrong could you comment on Say’s Law and the existence of money? Some claim that the General Theory proved that Says’s Law is incorrect. Yet how can one satisfy his desire (desire is a want, demand is a satisfaction of that want) if he does not produce in surplus? ANSWER: Say’s Law effectively stated […]

QUESTION: “If the new reserve currency that will emerge will be electronic, and no gold standard is possible, why will governments confiscate gold? If the great deflation strikes after 2015.75 all assets can go down a lot in value, so is not good to hoard cash, common u$s bills at your home, or will cash […]

QUESTION: Hello Mr. Armstrong, Thank you for taking the time to address the questions that I and many others who follow your work have asked. In your most recent answer to a readers question, you state, “Therefore, it was the complete lack of CONFIDENCE in the government that (1) caused the hoarding, and…..”  From what I have read […]

Question: if the world goes into deflation around the 2016 date, how will commodities                  rise??  ( hoarding ) How will they pay the mines without a money system?? Answer: There are several types of inflation such as: (1) currency inflation whereby prices rise NOT because of an increase […]

Copyright August 21st, 2011 Please register for Special Updates and Please send comments and suggestions to ArmstrongEconomics.COM Copyright Martin A. Armstrong All Rights Reserved  This Report may be forwarded as you like without charge to individuals or governments around the world. It is provided as a Public Service at this time without cost because of […]

Sir Thomas Gresham 1519-1579 Sir Thomas Gresham was an English merchant and financier who became the financial Adviser to Queen Elizabeth I (b 1533; 1558–1603) of England. Gresham first articulated this in 1558 for what he is best remembered for Gresham’s Law, which was the statement that “Bad money drives out good.” Henry VIII (b 1491; 1509-1547) engaged in competitive […]

Throughout history there has been countless two-tier monetary systems where at times there have been a local currency issued by the immediate government, yet the people rely upon the currency of another government. Such periods are interesting for they are not official but emerge by the people rather than through a decree of a government. […]

  Aes Rude – Earliest form of Roman money whereby lumps of bronze traded by weight due to its utility value to be used to weapons or tools. Aes Grave – Early Roman bronze coinage that was cast into standardized coins with a recognizable image. Aes Signatum – Broze Ingots with an idealized intended weight […]