All posts in " America’s Economic History "

The Myth of FDR’s New Deal

August 2, 2023

The victor gets to write history, and that is precisely what the LEFT did with FDR and the New Deal. You will never be an accurate analyst unless you accept that you are duty-bound to investigate the truth no matter where it may lead. The myth of the New Deal and its success in dragging […]

PRIVATE BLOG – The Dollar – Great Depression – Future

May 21, 2023

PRIVATE BLOG – The Dollar – Great Depression – Future Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – The Dollar – Great Depression – Future first appeared on Armstrong Economics.

What is Really the Foundation of Money?

February 17, 2023

COMMENT: Martin, After several years of reading your blog, I have concluded that Socrates’ prognostications appear to be spot on. I also share your assertion that a study of history supplies an insight into future events due to the constancy of “human nature.” Where we appear to part ways is in the definition of “money.” […]

Happy 4th of July – Which was Supposed to be July 2nd

July 4, 2019

There are only a handful of people throughout history who I admire and wish I could have shaken their hand. Thomas Jefferson was one of them. The Fourth of July is all about the signing of the Declaration of Independence which Jefferson authored. We hold these truths to be self-evident, that all men are created […]

Did Life Insurance Companies Survive the Great Depression?

April 8, 2019

QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that EVER paid what they promised. To me, it is one giant scam. You lie to an insurance company and it is a crime. They lie to you, and they walk on water. They […]

Are Bonds Preferable to Stocks in a Crisis?

March 20, 2019

QUESTION: There are a few people coming out claiming the stock market will crash so buy bonds even though you will lose money. How can people keep calling for a mega-crash so long with constantly being wrong since 2010? Thank you for your reason NR ANSWER: These people are still living in a world that […]

Why Has the USA been “Pinnacle of Global Success”

October 25, 2018

To the shock of everyone in politics and economics who can’t get enough socialism and want to bash that the disparity of income is so evil, these Marxists are beside themselves when the World Economic Forum released a study that shows the United States is the most competitive nation on earth. They have, however, concluded that their […]

Marriage on the Decline but So is Divorce?

September 30, 2018

The big hoopla is that the divorce rate has declined among Millennials. University of Maryland professor Philip Cohen found that from 2008 to 2016, the U.S. divorce rate dropped by 18%. Around the globe, the number of unmarried women has been rising The numbers seem to point to women and men are not simply postponing marriage, […]

Who was the Richest Man in Ancient History

September 11, 2018

QUESTION: Mr. Armstrong; You are a history buff. Who was the richest person in ancient times? Has there ever been a trillionaire? PD ANSWER: The Roman Emperor Augustus. He is believed to have been worth in current dollar terms nearly $5 trillion. The only other person to have reached the trillion dollars net worth status […]

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