The Money Supply Always Increases in Time of War
May 17, 2018QUESTION: Your chart on the Roman money supply shows a huge spike going into 87BC. Was that just because of the Social War? GS ANSWER: No. During the autumn of 88 BC, there was a massacre of more than 80,000 unsuspecting Roman civilians which took place in Anatolia (western Turkey). The victims were Roman and Italian merchants, […]