Future Historians May Call This the ‘Crisis of the 21st Century’

In short, Rome controlled virtually every known trade route in the world, and this gave them extraordinary economic power. But it came at great cost: It’s expensive to wage war. It’s even more expensive to maintain a huge empire.And in order to pay for it all, Septimius Severus resorted to heavily debasing the Roman currency. The purity of the denarius silver coin plunged from 83.5% down to just 55% during his rule.

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