QUESTION: Dear Martin, I appreciate all you share. I watched a series on the Great Depression and they talk about how socialism saved capitalism. If true, is this...
QUESTION: You do a lot of comparison to the Roman Empire. What was the size of the government relative to GDP? Can you estimate that? GY ANSWER: The Roman economy...
COMMENT: Mr. Armstrong; I attended the Berlin Conference. I have to say that you have done an excellent job of laying everything out from the rally in the euro back...
Major protests have broken out in Belgium over AUSTERITY, according to Le Monde. According to the police, up to 100,000 people demonstrated in the center of the...
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...
What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the...
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...
The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great...
Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back...
