The outstanding national debt of Greece according to EuroStat was almost 320 billion euros at the end of 2013. The question is how can this crisis be resolved? Merkel is tearing Europe apart and her ideas of austerity are in conflict with the very concept that governments borrow perpetually expanding their debt and never repay. […]

  When the Roman Empire collapsed during the reign of Gallienus (253-268AD), for the next two waves of the Economic Confidence Model (17.2 years) Rome remained in chaos. Then a general fought his way to power – Diocletian (284-305AD). During this period, inflation soared. Money really became in kind and the purchasing power of the debased […]

QUESTION:  Martin   You have really added dimensions to my thinking. Thank you very much. One thing that continues to puzzle me is how empire’s die and inflation/deflation. I get the part about the deflationary aspects of killing the economy via regulation and taxation. It is right in front of us every day. I get […]

Banking has existed for a long time. The idea of debt dates back to the ancient world, as evidenced for example by ancient Mesopotamian clay tablets recording interest-bearing loans. Far too many people attribute our financial doom to fractional banking etc. They are actually taking the side of the bankers who want money to retain its […]

There’s is little doubt that the Democrats can’t sleep at night worrying about someone made some money they did not get a piece of. The worst tax of all that is directly causing a worldwide depression is none other than FATCA. The FATCA worldwide hunting down pf Americans overseas was a portion of the 2010 […]

The celebrations are going on in Greece. My emails have been lighting up. This is precisely what was suppressed in Scotland and in Spain. The younger generation is revolting against what they see as the corrupt elites. One cannot deny that the older establishment of thinking is so out of touch with reality it is […]

The European Central Bank (ECB) kept its main interest rate unchanged on Thursday, but markets are still on edge ahead of this afternoon’s press conference, at which central bank President Mario Draghi is expected to announce a “full-blown” quantitative easing (QE). “Further monetary policy measures will be communicated by the President of the ECB at a […]

One of the reasons I criticize academics has been my experience in their suppression of knowledge. I use to fund important archaeological excavations that could further our knowledge of history. The First Gulf War bombing uncovered a ancient city nobody had known about in the desert of Iraq. Ancient cities contained libraries where everything was […]

A lot of people have asked what to do because property taxes keep rising and they can see they are unable to retire under such circumstances. The politicians are wiping out the elderly diminishing their savings and exploiting them in every way. There are no exceptions for taxation when you sell your home as there […]

QUESTION: Hi Marty, Quick question, you always recommend coins over bullion.  I have some of what I would call bullion coins (I.e., Silver Eagles) … are you thinking it’s better to have “junk silver” (I.e. pre-1964 US coinage) in one’s posession instead? Thanks in advance, -P   ANSWER: The “bullion” is bars. Yes there are “bullion” […]