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1. www.armstrongeconomics.com › research › monetary-history-of700-550 BC | Armstrong Economics

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   Spread the love. Monetary History of the World. 700-550BC. By Martin A. Armstrong. Only since about 700 B.C. do we find a consistent record of the monetary system of the world. The credit for the creation of an official coinage system belongs to the Ionians or Lydians within the Greek Empire of Asia Minor – modern day Turkey.

2. www.armstrongeconomics.com › blogBlog | Armstrong Economics

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   2 天前 · My Forecast from 10 Years Ago. May 24, 2024. In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe.

3. www.armstrongeconomics.com › the-business-cycleThe Business Cycle | Armstrong Economics

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   It has been through the Business Cycle that all advancement and thus economic evolution emerges. Joseph Schumpeter (1883–1950) called these Business Cycle events – Waves of Creative Destruction. Unless oil rises in price to excessively high price levels, alternative fuels will never be developed. There must be a viable economic foundation ...

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4. www.armstrongeconomics.com › research › monetary-history-of450-350 BC | Armstrong Economics

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   • The Battle of Marathon and The Monetary System
   • The Age of Perikles The First World Currency
   • The Rise of Greek Art
   • The Rise of Carthage

   The Persian invasion of the Greeks in Asia Minor, under which Lydia fell to King Cyrus, marked the beginning of the legendary struggle between the Greeks and the Persians. The Greek cities in Asia Minor finally revolted against the Persian dominance in 499 BC with aid from Athens. Despite this effort, the rebellion was defeated by the Persians agai...

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   Athens itself had a different monetary standard from that of the Greek Asia Minor city-states. Electrum (a natural gold/silver alloy) was not native to Greece but silver was. Therefore, the coinage of mainland Greece was predominantly based upon a silver standard quite different from that of Asia Minor where coinage first appeared in Lydia. As the ...

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   With the fall of Athens, Greek coinage was free to expand and experiment. The coinage of the Greek world explored with style and culture never seen again in the history of humankind. Cities competed for the best artists and the leader by far was Sicily. Syracuse became the dominant Greek city west of mainland Greece. The artists took such pride in ...

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   In the West, the Carthaginians had invaded Sicily attacking most of the Greek cities toward the end of the 5th century BC. Unlike the first invasion, which found the Carthaginians defeated by the hand of Gelon, the tyrant of Syracuse, this new invasion resulted in the partitioning of Sicily. The Greek Empire was weakened and the monetary system of ...

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5. www.armstrongeconomics.com › category › international-newsHongKong | Armstrong Economics

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   2019年9月27日 · Hong Kong – The Matchstick to War? May 28, 2020 The US-China tensions over Hong Kong are boiling over. The US government is reportedly considering imposing sanctions on Chinese firms and officials over China’s... HongKong War

6. www.armstrongeconomics.com › behavioral-economics › theThe Psychology Behind Consumer Spending and Hedonic Adaptation

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   2021年10月18日 · Posted Oct 18, 2021 by Martin Armstrong |. Spread the love. Consumer debt in the US reached $14.88 trillion in 2020, according to Experian’s consumer debt study. That is a $3 trillion increase in the past decade, and spending in 2021 has only amplified.

7. www.armstrongeconomics.com › international-news › chinaChina & the Hidden Debt Crisis in the Provinces

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   2018年10月19日 · Spread the love. The Sovereign Debt Crisis in China among the provisional governments is alive and well. The off-balance sheet government liabilities in the regions amounted to an estimated 40 trillion yuan which is almost $6 trillion. Some are calling this a “gigantic credit risk” which is a hidden liability.