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Showing 79 Results for hoarding coins
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April 10, 2012
Monetary History of France The French Revolution erupted out of a major debt crisis thanks to the government’s reckless borrowing. France was threatened with insurmountable debt that brought the economy to its knees. The people were plunged into starvation and revolts began in the countryside. King Louis XVI (1754 – 1793) convened the French […]
April 6, 2012
The Paper Chase Part II ©Copyright June 1988 The Panic of 1869, which caused gold to rally significantly, was in itself a sign to the government that paper money would not win the affections and confidence of the people just yet – this would take time. The question of what was actually money remained an […]
April 5, 2012
Part II of IV—A Brief History of World Credit & Interest Rates by Martin A. Armstrong ©Copyright PEI 500 AD-1700 AD The fate of the Roman Empire of the West had been cast with the sack of Rome in 410 AD by the Goths followed by the Vandals in 455 AD. What was once Rome […]
April 5, 2012
Part I of IV—A Brief History of World Credit & Interest Rates by Martin A. Armstrong ©Copyright PEI 3000 BC – 500 AD—The Rise and Fall of Babylon – Greece – Rome Credit is usually thought of as a modern invention of perhaps only a few hundred years old. It is true that a few […]
April 2, 2012
Abscissa – the horizontal baseline of a chart, x-axis. Ad Valorem Tax – A tax levied as a fixed percentage of the value of a particular item. Aggregate Demand – Total planned or desired spending in the economy as a whole in a given period. It is determined by the aggregate price level and by influences such as […]
March 29, 2012
Tiberius 14 – 37 AD born 42 BC – died 37 AD, age 78 Tiberius Claudius Nero was born on November 16, 42 BC, the elder son of Tiberius Claudius Nero and Livia. Tiberius was most likely born on Palatine Hill in Rome where he and his younger brother Nero Claudius Drusus, spent much of their early childhood. However, his early childhood […]
March 28, 2012
By Martin A. Armstrong It is told that Rome was founded by Romulus and Remus in about 753 BC. Roman tradition held that the first Romans migrated to Italy following the fall of Troy. If so, the Romans would appear to have lost most of their culture and artistic skills. It is perhaps more likely […]
March 21, 2012
BOOK FIVE OF THE REVENUE OF THE SOVEREIGN OR COMMONWEALTH CHAPTER I: Of the Expenses of the Sovereign or Commonwealth ——————————————————————————– PART 1 Of the Expense of Defence THE first duty of the sovereign, that of protecting the society from the violence and invasion of other independent societies, can be performed only by means of […]
March 16, 2012
Copyright May 22nd, 2011 Please register for Special Updates and Please send comments and suggestions to ArmstrongEconomic.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 […]