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<p>[QUOTE=&quot;iameatingjam, post: 8030827, member: 118287&quot;]I sometimes wonder how rome could have more effectively handled the third century crisis from a financial standpoint. I mean you have all these wars going on and the imperial goverment has increased expenses and therefore is running a defecit... the normal reaction seems to be debase the currency.</p><p><br /></p><p>Modern economies tell us small amounts of inflation are actually good. I think the idea for the antoninianus was really smart and I wonder if it would have worked out better for rome if they kept making higher denomination coins rather than decreasing the silver in existing coins.</p><p><br /></p><p>&nbsp;I&#039;m sure getting an antoninianus in the late third century that was clearly mostly bronze decreased trust A LOT. I wonder if a 10g high purity silver coin that was say worth 10/20 denarius would have been a better choice. At least then as a citizen you could still feel like your money had instrinsic value.</p><p><br /></p><p>Also nothing says &#039; this currency is worthless&#039; like the state no longer accepting tax payments in that currency. I wonder if it would have been better for constantine to only accept the denarii/ant as taxes to convince people those currencies had value. Or maybe those more modern fiscall ideals had to evolve organically. Interesting to think about anyway.[/QUOTE]</p><p><br /></p>

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