
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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