Will this happen to the US Dollar?
Uncover the lessons from the past that could safeguard our economic future, as Colin Horan joins us to connect the dots between Rome's ancient currency crises and today's monetary policy challenges. We're promised a journey through the empire's fiscal collapse, focusing on the parallels between the silver dilution in Roman coins and modern fiat currency manipulation. Horan expertly navigates us through the historical narrative, from the silver-laden coins of Augustus to Caracalla's Antoninianus, and the implications these monetary decisions had on Rome's economy, public trust, and ultimately, their society.
Witness the stark consequences of ancient hyperinflation and currency devaluation as they unfold in the Roman Empire, a cautionary tale that resonates alarmingly with our time. We're not just recounting history; we're discussing the dire effects of economic decisions and the patterns that seem to recur throughout human civilization. From emperors appeasing armies with unsustainable wages to Diocletian's desperate Edict on Maximum Prices, we scrutinize the devastating impact these choices had on trade, public confidence, and the very fabric of Roman life. With Horan's insights, this episode becomes a mirror reflecting the potential future of modern economies flirting with similar fiscal perils.
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Disclaimer: The views and opinions expressed on The Numisphere Podcast are for informational and entertainment purposes only and should not be considered financial advice. The c...
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