Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Why did most ancient civilizations debase their currency over the centuries?
>
Reply to Thread
Message:
<p>[QUOTE="kevin McGonigal, post: 7692577, member: 72790"]It certainly can be debased, that is reduced in value, simply by printing more and more of it. If an increased money supply goes hand in hand with increased productivity the currency retains its value or worth but when the state simply injects more and more currency into circulation without an increase in productivity the result is a fall in the value of the currency. The debasing of paper money is even easier than debasing a coinage by reducing its specie content. look around you[/QUOTE]</p><p><br /></p>
[QUOTE="kevin McGonigal, post: 7692577, member: 72790"]It certainly can be debased, that is reduced in value, simply by printing more and more of it. If an increased money supply goes hand in hand with increased productivity the currency retains its value or worth but when the state simply injects more and more currency into circulation without an increase in productivity the result is a fall in the value of the currency. The debasing of paper money is even easier than debasing a coinage by reducing its specie content. look around you[/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
>
Why did most ancient civilizations debase their currency over the centuries?
>
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...