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<p>[QUOTE=&quot;rasielsuarez, post: 25261505, member: 148921&quot;]1- No, where did you get this from?? Even if any one emperor would have wanted to this decision would not have been possible. Sure, theoretically he could have issued an edict saying as much but it would have been entirely ignored. An emperor could, like Diocletian did, release a new monetary program with new coins and eventually the new currency would have supplanted the old from attrition and Gresham&#039;s Law. There is documentary evidence that 2nd century denarii were still circulating as currency right up til the very end of the empire (and probably long after). Merchants will not turn down perfectly serviceable silver.</p><p><br /></p><p>2- No, again, this was not an effect of imperial decree. It was a symptom of inflation. It got so bad that eventually it broke into a two-tiered system. The solidus paid the critical bills (army, key infrastructure, the needs of the rich) and a trickle of overpriced shit coins to pay for common labor which then re-circulated in bazaars for low value commerce. There was no role for good silver or even well-made copper coins at this point because the government had neither the monetary incentive nor the public a need for them; the end stage of runaway deflation.</p><p><br /></p><p>3- See the answer in the first two. Gresham&#039;s Law is remarkably efficient at removing better coinage to substitute with cheaper. And you literally could not get any cheaper than the leaded garbage that was the AE4.</p><p><br /></p><p>Rasiel[/QUOTE]</p><p><br /></p>

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