All posts in " Ancient Economies "

Charlemagne, Vikings & Global Warming

By admin / December 30, 2019

QUESTION: Would u care to comment on after the Roman Empire fell, and how the franks a collection of tribes given there own area Holland in today’s terms then eventually taking over Europe to be broken up in to, Four after the main franks king died and split it between four sons.  It later all […]


The Tax Rebellion of 1197 & the state began Robbing Tombs

By admin / April 29, 2019

QUESTION: You have written about the collapse of the Byzantine monetary system. I also believe it fell to the Europeans in 1204 and the story was that the Germans were being aggressive back then demanding tribute. Was this also another monetary crisis at that time? Thank you JY Alexius III AV Hyperpyron ANSWER: Yes, there was […]


Julian II – The Trump of Rome?

By admin / March 20, 2019

QUESTION: Mr. Armstrong; You seem to have studied history more than any professor I ever met. So I am directing this question to you. Did Rome have their Trump who tried to drain the swamp? Or was everyone just immersed in the swamp? LR ANSWER: History repeats because human nature never changes no matter how […]


The Decline in Quality is Part of the Cycle

By admin / February 28, 2019

QUESTION: Hi Marty, Wanted to ask you if you are noticing the same thing as me regarding the ‘quality’ of goods and services these days and if this is history repeating itself again, such as the fall of the Roman empire? To explain, I am noticing that the quality of the goods and services I buy […]


December 25th & Holidays

By admin / December 27, 2018

QUESTION: Hi Marty. I was wondering if you knew about the ancient Roman holidays? I was wondering if they had a big commercialized Holiday like Christmas but pagan Roman? I figure since you fund a lot of research you might have the best answer. N ANSWER: Yes, it was December 25th which was the feast […]


Can BREXIT Force Change inside the EU? Will Europe Hoard Dollars if the EU Cancelled Paper Currency?

By admin / December 18, 2018

QUESTION: Marty, your account of Carausius and Postumus being the ancient Brexit is really interesting. Am I correct that whilst this separatist movement failed, it was this Brexit that forced Rome to reintroduce silver? HM ANSWER: Correct.  Diocletian introduced the silver Argenteus in 294AD after the defeat of Carausius’ separatist movement. It is highly likely that old silver denarii were […]


When is Inflation – Deflation?

By admin / December 11, 2018

QUESTION: Mr. Armstrong; the WEC was the best ever. The materials it took you a month to prepare in advance are amazing. Your insight into the difference between a sovereign debt crisis and how that produces deflation compared to the debasement deserves a Nobel Prize. My question is how did the people cope with the […]


Gordian III Æ Sestertii

By admin / December 8, 2018

A lot a people wanted a bronze Roman Sestertius. We sold out of all the issues. The only one I had more of was those of Gordian III. This was an interesting emperor for Gordian III is where we find the last silver denarius to be issued in any quantity. Following his assassination, the dominant […]


New Variety in the Athenian Owls

By admin / December 4, 2018

  The hoard of Athenian Owl tetradrachms has revealed something incredibly important. The seminal work of Chester Starr (Athenian Coinage) identified five groups of designs covering the period 480-407BC. While Starr examined known coins in museums and collections, he did show photographs and attributed them to a declining quality of execution based upon the fact that […]


Roman Republic’s Debt Crisis & Led to it’s Collapse

By admin / October 23, 2018

  QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a […]

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