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To: SunkenCiv
Also the Roman currency system was “debased”, meaning they had a modern grasp of currency as a medium of exchange, knowing that there isn’t enough gold and silver to support economic activity expansion.

The Romans thrived from 700BC until 300AD without debasing gold, then fell soon after the debasement. Debasing your currency is like borrowing money, it feels like your prosperous for a little while, then the chickens come home to roost.

23 posted on 10/21/2013 1:37:30 PM PDT by Partisan Gunslinger
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To: Partisan Gunslinger

your = you’re


24 posted on 10/21/2013 1:38:33 PM PDT by Partisan Gunslinger
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To: Partisan Gunslinger

Thanks for illustrating my point — the Romans understood currency better than some people today.


25 posted on 10/21/2013 7:37:38 PM PDT by SunkenCiv (It's no coincidence that some "conservatives" echo the hard left.)
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