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Alternative Currencies of the Great Depression
Posted Dec 22, 2015 by Martin Armstrong
QUESTION: Mr. Armstrong, have you ever heard of a short lived Wörgl Experiment in Austria? It was shut down by the Austrian Central Bank they say because it [...]
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Did Gold Survive the Depression?
Posted Sep 25, 2015 by Martin Armstrong
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 [...]
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Why The Federal Reserve Worked During the 1930s
Posted Jul 15, 2015 by Martin Armstrong
When the Great Depression began, over 8,000 commercial banks belonged to the Federal Reserve System, but nearly 16,000 did not. There were still state banks that [...]
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