Economics of Empire
@econofempire
Hidden stories from our economic history & insights for current financial markets.
Not financial advice.
Professional trader, Masters in Economics.
ID: 1712106686129831936
https://substack.com/@economicsofempire 11-10-2023 14:04:02
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Archaeo - Histories Amazingly, it was a pirate who created the World's most powerful central bank - The Bank of England. William Patterson, born in Scotland in 1658, was drawn to the sea from an early age. He started young as a trader, visiting the West Indies, and was able to point out the
Archaeo - Histories Government & bank policy at this time turned the downturn into a depression. Prominent economists, such as Norman Dodd, emphasized to Roosevelt & his senior team that the economic conditions he was inheriting were “man-made”. Sadly, Roosevelt sought to establish three truths
Peter St Onge, Ph.D. The contraction in manufacturing across the west is a major concern It typically generates enormous gains in productivity & value added that the service sector cannot match In addition, it impacts the domestic firms who provide inputs to the sector Re-shoring is needed
The Cultural Tutor Fascinating. The link between the Indus, Mesopotamia & India has been well documented For trade along antiquity's Silk Roads had been taking place long before the official establishment of the silk roads. At least so early as the twelfth or fourteenth century BC gold & silver
Holger Zschaepitz Sadly, German productivity is going the same way as the UK. EU Over-regulation & progressive centralization of the banking system are key issues. The Mittelstand supported by community banks offered enormous gains. Now they're following the rentier economic model.
ArchaeoHistories In 483 BC, a new, deep-running vein of silver was discovered, allowing Athens to avoid imposing widespread taxes or relying on trade surpluses. Instead, Athens essentially mined its currency, producing the renowned silver owls starting in 480 BC. The operation of Laurion's
Wall Street Silver 🦍🚀 Shadow stats, using the 1990 methodology, suggests a current rate of inflation nearly doubled that of which is reported.
Gold Telegraph ⚡ Fear of unrealized losses is being used to pump stocks & enhance the centralisation of the banking system As lender of last resort, the fed could have bailed out SVB However, like so many smaller banks before they desire to get rid of them While stocks are easily rug pulled
Dr. M.F. Khan In 1970, Norwegian explorer Thor Heyerdahl successfully crossed the Atlantic Ocean in a reed boat named Ra II. His goal was to demonstrate the theoretical possibility of ancient civilizations, particularly Egyptians, reaching the Americas by seafaring thousands of years before
Dr. M.F. Khan Found in the small Egyptian village of Rosetta (Rashid), this trilingual inscription detailing an ancient Egyptian debt cancellation was crucial in unlocking the translation of hieroglyphics. But its content has been ideologically ignored, in today's creditor dominated world.
