Currency debasement, roman emperors and sound money

[searcher]

Just a couple stories I found interesting.

The Emperor Who Tried to Bring Sound Economics Back to Rome - and Paid With His Life

History records countless examples of currency debasement, i.e., the steady reduction in a money's precious metal content or "backing" (principally gold or silver), followed in modern times by the introduction of fiat (unbacked) paper money, which then depreciates as governments print more and...

www.soundmoneydefense.org

 

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The Roman Emperor Who Tried to Bring Monetary ‘Reform’ to the Empire—and Failed Miserably

The lesson of Aurelian? Beware of false reformers.

www.soundmoneydefense.org

 

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The Monetary Mistakes Behind the Downfall of Cleopatra and the Last Dynasty of Ancient Egypt

It turns out that Egypt was no exception to the rule that governments can’t be trusted with money.

www.soundmoneydefense.org