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“The exact reason that Roman coinage sustained constant debasement is not known, but the most common theories involve inflation” [Same old story again & again]

“The exact reason that Roman coinage sustained constant debasement is not known, but the most common theories involve inflation” [Same old story again & again]



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  1. >Without a constant influx of precious metals from an outside source, and with the expense of continual wars, it would seem reasonable that coins might be debased to increase the amount that the government could spend. This explanation for the debasement of coinage is that it allowed the state to spend more than it had. By decreasing the amount of silver in its coins, Rome could produce more coins and “stretch” its budget. As time progressed, the trade deficit of the west, because of its buying of grain and other commodities, led to a currency drainage in Rome.

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