Financial terms like inflation, deflation, devaluation, hyperinflation, debasement, etc., are read and heard about all the time, as economists find reasons for a bruised or crippled nation economies. There are many examples in modern history of how economies go into recession, of the downward spiral caused by bad monetary decisions.
But, as they say, history has a habit of repeating itself! Look back to the Roman Empire, 2000 years ago, and you’ll see the same pattern there! This fascinating infographic replays how the giant empire’s collapse started because of a silver coin!
Currency and the Collapse of the Roman Empire:
Infographic by – Texas Precious Metals