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 […]

A few questions have come in asking how can rates rise if central banks end up buying the bulk of government bonds at auctions like just took place in Germany with 50%+? Rates would rise in the private sector and this is the shift between public and private that is always unleashed. Like Japan, nobody […]

QUESTION: Sir, Thank you so much for sharing your insights via your website. I only recently discovered it and devour the writings daily. In the interest of full disclosure, I am not an economist nor do I pretend to be intelligent enough to portray any deep knowledge on the subject. I do however enjoy watching trends […]

The turmoil within Europe over this austerity policy is reaching astronomical proportions. This crazy failure to comprehend that you cannot raise taxes and increase regulation while expecting an economic recovery is stunning. All the ECB is doing is bailing out banks while interest rates go negative wiping out the savings of elderly and pension funds. […]

Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next couple of years as economic cycles in the region and the United States diverge. The deflationary trend will impact the region as hard-times emerge and the economies decline into 2020. The six nations in the Gulf […]

COMMENT: Hi Martin Thank you so much for the ongoing education. It’s so refreshing to listen to the truth from a man with so much knowledge, and has no bias. I just wanted to tell you, my American husband sent me a gift whilst l was in the UK. Unfortunately l received a card through […]

About 50% of the airfare you pay is often taxes. It does appear to be illegal for airlines to advertise fares that don’t include government taxes: H.R. 4156 would require the United States Department of Transportation (DOT) to promulgate a rule related to how prices for certain types of air transportation are advertised. Under current policies, DOT […]

  For all those who have inquired are there coins available of the Gallic Empire that split away from Rome? Yes. We have put together a set of four of the main emperors who ruled from France. These are nice condition, VF/EF grade fully legible. Priced at $450 a set. These are very limited  

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 […]