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The Pope’s “Unfettered Capitalism” & His Complete Misunderstanding of the Economy

Pope Francis has attacked unfettered capitalism as “a new tyranny”, urging global leaders to fight poverty and growing inequality in the first major work he has authored alone as pontiff max. This 84-page document, which is known as an apostolic exhortation, sadly amounts to an official platform for his papacy. While he is liberal in his […]

Ancient Coins

Many people have written asking how we were able to reconstruct the monetary history of Rome. We built one of the most comprehensive collections ever assembled much of which is outlined in our Monetary History of the World segment. The purpose of assembling such a massive collection was to be able to see the rise […]

British Pound & Reversals

QUESTION: I watched the Yearly Bullish Reversal in the pound for years at 201.00 you gave back in 1985. It reached that level in 2007 but never closed above it. Does that remain the number all these years? ANSWER: Yes. Once generated, it never changes. True, 2007 reached 210 level intraday but could not close […]

Why The Six Megabanks MUST be Broken Up

Senators Sherrod Brown, D-Ohio, and David Vitter, R-Louisiana, have a new bill that would make banks keep much higher levels of capital. With this new agreed upon position among governments that it is the DEPOSITOR who should do his own due-diligence, then the megabanks that trade other people’s money MUST be outlawed PERIOD! There can […]

Debt is Deferred Taxation & Why The Fed’s Expansion was not Inflationary

Everything functions in a dynamic world – not in a one dimensional vacuum. The expansion of the money supply by the Fed of $3 trillion was NOT inflationary because it took place simultaneously with a contraction in leverage (money supply) of at least $5 trillion if not closer to $7 trillion. This is different when […]

The Massachusetts Body of Liberties 1641

The Massachusetts Body of Liberties adopted as law by the General Court of the Commonwealth of Massachusetts Bay December, 1641 1. No man’s life shall be taken away, no man’s honor or good name shall be stained, no man’s person shall be arrested, restrained, banished, dismembered, nor any ways punished, no man shall be deprived […]

How Taxation in Japan forced Abandonment of Property & Feudalism

Winston Churchill made the point clear: “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” There is no such thing as taxation that ever increases the living standard or economic growth. That is a fundamental […]

The Germany and the Agricola of Tacitus – Tacitus

THE GERMANY AND THE AGRICOLA OF TACITUS. THE OXFORD TRANSLATION REVISED, WITH NOTES. WITH AN INTRODUCTION BY EDWARD BROOKS, JR. INTRODUCTION. Very little is known concerning the life of Tacitus, the historian, except that which he tells us in his own writings and those incidents which are related of him by his contemporary, Pliny. His […]

The Reign of Tiberius, Out of the First Six Annals of Tacitus – Tacitus

THE REIGN OF TIBERIUS, OUT OF THE FIRST SIX ANNALS OF TACITUS; WITH HIS ACCOUNT OF GERMANY, AND LIFE OF AGRICOLA TRANSLATED BY THOMAS GORDON, AND EDITED BY ARTHUR GALTON.   “Alme Sol, curru nitido diem qui Promis et celas, aliusque et idem Nasceris, possis nihil urbe Roma Visere maius.” CONTENTS INTRODUCTION THE ANNALS, BOOK I […]

The Germania and Agricola (in Latin & English) – Tacitus

The GERMANIA and AGRICOLA Of Caius Cornelius Tacitus With Notes for Colleges By W. S. Tyler Professor of the Greek and Latin Languages in Amherst College PREFACE. This edition of the Germania and Agricola of Tacitus is designed to meet the following wants, which, it is believed, have been generally felt by teachers and pupils […]