Under Construction Glossary of Money Terminology Historical Outline The Origins of Money Primitive Period Evolution of Banking Birth of Coinage 700-550 BC 550-450BC 450-350BC 350-250BC Great Empires Greece (Mint Marks of Alexander the Great) Egypt Carthage Judaea Roman Empire Republic Imperial Rome By Emperor (Roman Mint Marks) Empires of the East Byzantium India Persia Syria […]

Obama’s treasonous attempt to strip Congress of all power and to vest all power in the Executive has been blocked today. This was a major accomplishment for retaining some semblance of  a democratic/republican process. Obama’s attempt to have all power vested in the Executive would have allowed him to do whatever he wanted, selling favors […]

Turkish elections have resulted in uncertainty, as the share market fell about 8%. President Tayyip Erdogan was hoping for greater power but the people had different ideas. On Sunday, the people dealt a serious blow when the AK Party failed to win an outright majority in a parliamentary election. There will now be a minority government […]

QUESTION: Marty, With the default of Greece and their exit from the Euro, what is likely to happen to the debt and what rate would you expect the drachma to be established? I really don’t think you can possibly know how much this blog is appreciated. I’m not in the finance industry but have followed […]

COMMENT: Hi Martin, Fantastic data and research (as always).  I was kind of surprised (never made the connection) by one of the images you posted. Your image shows the Eurozone peaking in 2004.53.  There are a few circular events that also occurred around that time. Greece was about to host the Olympics for the first […]

I have been warning that the governments of the West are in severe trouble. We face the worst economic crisis, perhaps in modern history, with the distinct risk of moving into a state of Economic Totalitarianism. The governments are well aware of the Economic Confidence Model (ECM). Many people have questioned, “Why have they not killed you?” […]

Harvard law professor, Alan Dershowitz, discusses in “America on Trial” several dozen cases that have indeed shaped the United States, transforming the country and its legal system from the colonial period to the present corrupt system of injustice. He provides a broad historical sweep simplifying events that are complex in legal terms, down to laymen’s terms. The […]

While people argue over fractal banking and derivatives, the dark clouds on the horizon are approaching from an entirely different direction. A virtual secret meeting took place in Washington with the IMF (International Monetary Fund) and World Bank present over the weekend. The mainstream media reported that they only spoke about Greece, but behind the […]

QUESTION: Mr. Armstrong; What did people really do during the German hyperinflation? It seems that all you hear about has been people running around with wheelbarrows of cash to buy anything. Was that truly reality or just the extremes? God Bless HS ANSWER: Life actually went on. People used American dollars and other foreign currency. […]

  The Obama Administration has lost respect in every corner of world affairs. Now the French have come out and said that their intelligence service confirms Russia never intended to invade Ukraine.