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History

Inequality of Wealth

1904 View of Standard Oil During the Progressive Era around 1910, the Marxist view of the world was all about the massive wealth of the very rich like Rockefeller....

The 19-Year Cycle

The 19-year cycle curiously suggested by Jefferson shows up as another layer within cycle theory. This was the basis for both the ancient Hebrew and Babylonian...

Jefferson’s Proposal for an Expiring Constitution on a 19-Year Cycle

If there was ever a person who I would say was a mentor to me with respect to political understanding, it is Thomas Jefferson. It was interesting that Jefferson was...

The Federal Reserve: Part IV – The Bankers Strike Bank

Paul Volcker Former Fed Chairman The entire theory of how to manage an economy via the rise and fall of the money supply being the sole cause of inflation or...

The Federal Reserve: Part III – The Takeover

FDR’ Speech on the Banking Crisis March 12, 1933   Roosevelt established the Federal Deposit Insurance Corporation (FDIC) in 1933, assuring people it was...

Creating a Fourth Branch of Government

QUESTION: Hi Marty, Thanks again for the post on Griffin’s book and your short history lesson regarding the same. I’m sure your readers appreciate the...

Understanding Jackson’s Bank War

Understanding Jackson’s Bank War is critical to our future. He was absolutely correct insofar following the Jeffersonian view, that a national debt would not...

Income Tax Has Been Highly Destructive to Society

QUESTION: Mr. Armstrong; I understand the income tax was introduced in 1913 with the creation of the Federal Reserve. Is it possible for a nation to survive...

San Francisco Earthquake of 1906 & Regional Capital Flows

COMMENT:  Hi Marty, I quite enjoy your writing.  My understanding regarding the panic of ’07 is that it was at least partly the result of earthquake and San...

The Federal Reserve: Part II

  The amount of propaganda against the Federal Reserve is incredible. What we must keep in mind is that its original design, which lasted for about one year,...