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127- Commanding The Economy

The History of Rome

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Diocletian's Debasement of the Roman Empire

By the two eighties a d. prices had begun to soar, wages had become inadequate and savings were wiped out. Diocletian understood that there was something inherently dangerous about making the coins of the empire literally less valuable. He ordered that a new hierarchy of five coins begin circulation based on the old three metal system. But unfortunately, no dice see.

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