From Rome to Now: The Currency Destruction Cycle Repeats
Автор: History of Financial
Загружено: 2026-01-15
Просмотров: 286
Why do governments consistently destroy the very currencies they're meant to protect? This documentary examines the systematic pattern of monetary betrayal across cultures and centuries, from Roman debasement to modern quantitative easing. Every empire promises sound money, yet political pressure invariably wins over monetary integrity. We explore the incentive structures that make this betrayal inevitable and reveal why fiat currencies follow identical paths toward worthlessness. The question isn't whether modern monetary systems will fail, but when the mathematics of expansion finally overwhelm political promises.
Key Insights:
• Political pressures systematically override monetary stability across all historical periods
• Currency debasement creates immediate benefits for governments while distributing costs over time
• No civilization has successfully maintained permanent monetary integrity under political control
• Modern central banking faces identical incentive structures as ancient currency manipulators
• The pattern suggests current monetary systems will follow the same trajectory as their predecessors
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