How Inflation Destroyed the Roman Empire

Posted on by

There were many reasons the Roman Empire fell but, inflation and government spending were huge parts.  Government stimulus programs and public works became common then as they are today.  People today underestimate the complexity of the Roman Empire but, their bureaucracy was almost as large as ours today.  Aqueducts were often created to give people employment just like “The Community Reinvestment Act” seeks to do today.  I find this interesting on many different levels.  For one, Rome’s policies were very similar to ours today.  They even had similar names like jobs bill and community reinvestment act.    There is a book written in the 1940s called the “New Deal in Old Rome” that compares Roman governance in the later Empire to New Deal programs.  The parallels are almost bizarre.

Then, just like today, government bureaucracy and spending were only part of the problem, the much bigger problem was inflation.  Inflation was rampant and brought the Empire to its knees.  The rates of inflation increased over time at a similar rate to that at which the United States is currently.

 

What is really staggering is that the Roman Empire’s fiscal transgressions are nothing compared to the modern United States’.  Rome had to dilute its coins by recalling them every few years and watering them down with other metals, while the U.S. can simply print bills of credit to infinity with no checks in place at all.  Nero would be envious indeed of the American State’s monetary power.  Rome also centralized everything into its capital city and attempted to regulate its provinces from afar but, again this is nothing compared to the centralization that Washington DC has been able to accomplish.  For all the corruption that infected the Roman government, it is tame compared to the corruption of the American Political Class. Here is a brief presentation on Roman Inflation.

This one is a bit longer.

 

 

23,435 thoughts on “How Inflation Destroyed the Roman Empire”

  3. Amazing Response to Internet Log Input

    Superb content! I’m really enjoying the text here.

    Possess you before deliberated on receiving as part of digital wagering
    playing? Evolution Gaming Provider is a excellent
    platform providing a expansive selection of exceptional dynamic casino employee options.
    The complete outing is unbelievably riveting and veritable, it presents itself as comparable to you’re right
    there inside the proper wagering.

    Should you’re interested pertaining to attempting the platform too, I’d be pleased to thrilled to provide my special recommendation online location. Evolution Gaming features a great new player
    reward for potential new customers. It undoubtedly unquestionably advantageous checking additionally on the condition you’re wanting a modified electronic casino
    activities affair.

    Acknowledgment additionally for the brilliant web publication substance.

    Continue the the wonderful activities!

    Visit my web blog … online casino search engine optimization

    Reply ↓

  4. First of all I would like to say great blog!
    I had a quick question that I’d like to ask if you don’t mind.
    I was curious to know how you center yourself and clear your
    thoughts prior to writing. I have had a hard time clearing my mind
    in getting my thoughts out there. I truly do take pleasure in writing but it just
    seems like the first 10 to 15 minutes are usually wasted simply just trying to figure out how to begin. Any recommendations or hints?
    Thanks!

    Reply ↓

  5. Today, while I was at work, my cousin stole my apple ipad and tested to see if it can survive a twenty five foot drop,
    just so she can be a youtube sensation. My iPad is now broken and she has 83
    views. I know this is totally off topic but I had to share it with someone!

    Reply ↓

  8. Hello would you mind letting me know which
    web host you’re utilizing? I’ve loaded your blog in 3 completely different web browsers and I must say this blog loads a lot
    faster then most. Can you suggest a good web hosting
    provider at a reasonable price? Many thanks,
    I appreciate it!

    Reply ↓

  13. Astonishing Blog Write-up
    Gosh , what an insightful and thought-provoking
    article ! I came across myself affirming as I read through your analysis
    of this crucial subject .
    Your arguments were extensively researched and articulated
    in a lucid, captivating manner. I specifically admired
    how you were able to purify the essential intricacies
    and complexities at play , excepting oversimplifying
    or disregarding the difficulties .
    This blog post has given me a lot to
    ponder . You’ve definitively expanded my understanding and altered my perspective in some
    impactful forms.
    Thankfulness for devoting the time to convey your
    proficiency on this matter . Write-ups like this are rather
    a precious input to the dialogue . I eagerly await
    witnessing what other insightful content you have
    in reserve .

    Feel free to visit my homepage … login to ebet

    Reply ↓

  18. Finished Reading a Blog Post: A Formal Response to the Comment
    Section and an Invitation to Join “KING855”

    ‘After meticulously analyzing the blog post, I would like to present
    the following reply to the comment .

    Your perspectives regarding the theme were quite engaging .
    I was in agreement with several of the assertions
    you articulated.

    It is encouraging to see such an engaging debate unfolding.

    If you are inclined in deeper investigating
    this topic , I would sincerely encourage you to participate in the “KING855” community .
    There , you will have the chance to interact with
    like-minded individuals and dive deeper into these
    captivating themes .

    I believe your involvement would be a valuable enrichment
    to the discourse .

    I’m grateful for your input , and I look forward to
    the prospect of extending this stimulating conversation.

    Feel free to surf to my web blog online casino minimum deposits (git.openprivacy.ca)

    Reply ↓

  21. Hmm it appears like your website ate my first comment (it was super long) so I
    guess I’ll just sum it up what I submitted and say, I’m
    thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still
    new to the whole thing. Do you have any suggestions for rookie blog writers?

    I’d certainly appreciate it.

    Reply ↓

  23. Superb Message to Website Observation

    Great article! I’m really savoring the substance in this
    blog. Own you previously deliberated in relation to receiving encompassed by virtual gaming casino games?
    Evolution Gaming Provider is a brilliant provider comprising a extensive assortment
    of outstanding interactive card dealer options. The total
    experience is exceptionally riveting and bona fide, it appears analogous to you’re directly there encompassed by the authentic gaming establishment.

    On the condition you’re interested in giving
    that furthermore, I’d be pleased to overjoyed to provide my own recommendation online location. The Evolution features a amazing joining
    promotion for potential first-time users. It definitely undoubtedly helpful exploring as well if
    you’re looking for a new web-based casino games journey.

    Thanks further on behalf of the amazing online journal information. Keep up the brilliant endeavors!

    Here is my website: gambling artificial intelligence

    Reply ↓

  24. I get pleasure from, lead to I discovered just what I used to be taking a look for.

    You’ve ended my four day long hunt! God Bless you man. Have
    a great day. Bye

    Reply ↓

  28. My partner and I stumbled over here from a different website
    and thought I might check things out. I like what I see so now i am following you.

    Look forward to finding out about your web page yet again.

    Reply ↓

  30. We stumbled over here coming from a different web page and
    thought I should check things out. I like what I see so
    now i’m following you. Look forward to checking out your web page repeatedly.

    Reply ↓

  31. Hey! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at alternatives for another platform. I would be fantastic if you could point me in the direction of a good platform.

    Reply ↓

  33. Hey there just wanted to give you a quick heads up and let you know a few of the images aren’t loading properly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different browsers and both
    show the same results.

    Reply ↓

  36. Thank you for another magnificent article. Where else could anyone get
    that kind of information in such a perfect manner of writing?
    I’ve a presentation next week, and I am on the search for such information.

    Reply ↓

  39. After I originally left a comment I appear to have clicked the
    -Notify me when new comments are added- checkbox and from now on whenever a comment is added
    I get 4 emails with the same comment. Perhaps there is a means you
    are able to remove me from that service? Thanks a lot!

    Reply ↓

  40. What an illuminating and thought-provoking article !
    I have to declare , your dissection of this crucial subject was sincerely
    superior .
    The scope and nuance you brought to the discourse was remarkable
    , projecting new light on the complexities
    at work .
    I discovered myself agreeing as I scanned through your proficiently assembled assertions .
    The approach you were able to refine the core themes
    excepting simplifying was specifically outstanding .

    It’s clear you’ve dedicated a considerable time of effort
    into examining this issue.
    This entry has presented me a significant amount to mull over and has pushed me to rethink
    specific facets of my individual viewpoint .
    I appreciate you taking the resources to disseminate your expertise
    – posts like this are immensely priceless in progressing
    the greater conversation.
    I eagerly await scanning more of your content in the days to
    come . Kindly sustain the superb efforts !

    Check out my page … online microgaming casino

    Reply ↓

  41. First of all I want to say terrific blog! I had a quick question which
    I’d like to ask if you do not mind. I was curious to
    know how you center yourself and clear your head before writing.
    I’ve had difficulty clearing my mind in getting my
    ideas out. I do take pleasure in writing however
    it just seems like the first 10 to 15 minutes are
    usually lost just trying to figure out how to begin. Any ideas or tips?
    Cheers!

    Reply ↓

  44. Write more, thats all I have to say. Literally, it seems as though you relied on the
    video to make your point. You definitely know what youre talking about,
    why throw away your intelligence on just posting videos to your weblog
    when you could be giving us something informative to read?

    Reply ↓

  46. Wonderful beat ! I would like to apprentice even as you amend your website,
    how can i subscribe for a weblog web site?
    The account aided me a applicable deal. I had been a little bit acquainted of this your broadcast provided vivid transparent
    concept

    Reply ↓

  47. Hey there would you mind sharing which blog platform
    you’re working with? I’m planning to start my own blog
    soon but I’m having a tough time selecting between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design seems different then most blogs and I’m looking
    for something completely unique. P.S Sorry for
    getting off-topic but I had to ask!

    Reply ↓

Leave a Reply

Your email address will not be published. Required fields are marked *