Context- Roman emperors in the 3rd century who temporarily “fixed” army pay by debasing coins, reducing their precious metal content. It worked briefly, but caused inflation and economic problems.
history-something on
I LOVE IT WHEN AUTOCRATS HAVE NO IDEA OF HOW BASIC ECONOMICS WORK SO THEY CONSTANTLY DO DUMB POPULIST SHIT THAT HURTS THE WELLBEING AND STABILITY OF THE NATION FOR YEARS TO COME
WOOOOOOOO
(Why does it keep happening (not related to current us gov))
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Context- Roman emperors in the 3rd century who temporarily “fixed” army pay by debasing coins, reducing their precious metal content. It worked briefly, but caused inflation and economic problems.
I LOVE IT WHEN AUTOCRATS HAVE NO IDEA OF HOW BASIC ECONOMICS WORK SO THEY CONSTANTLY DO DUMB POPULIST SHIT THAT HURTS THE WELLBEING AND STABILITY OF THE NATION FOR YEARS TO COME
WOOOOOOOO
(Why does it keep happening (not related to current us gov))
Based Domitian
He did the opposite
3rd century crisis in a nutshell.