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In the third century, the Roman emperors reduced the gold and silver content of their coins, inadvertently starting a cycle of inflation and debasement that would plague the economy for centuries.
I’d like to thank Classical Numismatics for their contributions to this video. For much more on ancient Greek and Roman coins, check out their channel:
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If you liked this video, you might also enjoy my book “Naked Statues, Fat Gladiators, and War Elephants: Frequently Asked Questions about the Ancient Greeks and Romans.”
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