Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancient Fourees?
>
Reply to Thread
Message:
<p>[QUOTE="dougsmit, post: 3015380, member: 19463"]I am not an economist but I can see how it might benefit a very rich man to buy up the few coins that could wreck public confidence in the monetary system and make his huge stock of good coins less valuable. Also, at the time esteem was heaped on those who did good works for the public like providing free/cheap grain. Being known as one who would protect poor citizens from being stuck with bad coin would not hurt when it came time to elect Consuls. Today, some truly wealthy realize that money is not the end goal and the second billion does not improve life quite as well as did the first. We see Bill Gates and Warren Buffet giving away huge sums. The 'rich' causing problems are those who really believe their merit can be measured by their bank account (aka Scrooge McDuck) but don't have all they 'need' quite yet. I, too, would love to have a better understanding of the Roman mind when it comes to class, esteem and economics but I believe we must first take care not to bring 21st century concepts to the study.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3015380, member: 19463"]I am not an economist but I can see how it might benefit a very rich man to buy up the few coins that could wreck public confidence in the monetary system and make his huge stock of good coins less valuable. Also, at the time esteem was heaped on those who did good works for the public like providing free/cheap grain. Being known as one who would protect poor citizens from being stuck with bad coin would not hurt when it came time to elect Consuls. Today, some truly wealthy realize that money is not the end goal and the second billion does not improve life quite as well as did the first. We see Bill Gates and Warren Buffet giving away huge sums. The 'rich' causing problems are those who really believe their merit can be measured by their bank account (aka Scrooge McDuck) but don't have all they 'need' quite yet. I, too, would love to have a better understanding of the Roman mind when it comes to class, esteem and economics but I believe we must first take care not to bring 21st century concepts to the study.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancient Fourees?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...