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February 8, 2023
Rome's Runaway Inflation: Currency Devaluation in the Fourth and Fifth Centuries
By David Serrano Ordozgoiti
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.

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Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?
By Frank Shostak
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.

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