From Financial Sense
Marin Katusa
''In the third century, greed got the best of Rome's emperors. As they
spent through the silver in the treasury, one emperor after another
reduced the amount of precious metal in each denarius until the coins
contained almost no silver whatsoever.
It was the world's first
experience with currency debasement and hyperinflation. As people saw
the value of their savings evaporate, society grew angry and demanded a
scapegoat. Christians became that scapegoat, and Romans turned on them
with incredible violence.''
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