Thinking about the Roman Empire

Sharing is Caring!

by Infamous_Sympathy_91

Interest rates and the exchange rate are two of the most important economic indicators. The Roman Empire was one of the most powerful empires in history, and its currency was highly influential. From 210 BC to AD 350, the average interest rate was 14%. However, there were periods of high inflation, as evidenced by the rapid increase in denarius per oz. of gold from 10 to 100 over just a few years (-30 to 150). This would have made borrowing very expensive for consumers and businesses alike.

See also  “F*** You!…You’re a Fool” Eric Holder Melts Down When Confronted by Jack Posobiec About His Failure to Properly Vet Tim Walz
See also  Media Matters must face X’s lawsuit over report about ads next to extremist posts

 

 

Views: 225

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.