History

It’s time to start thinking about inflation

It’s time to start thinking about inflation In the year 215 AD, the young Roman Emperor Caracalla, then just 27 years of age, decided to ‘fix’ Rome’s perennial inflation problem by minting a brand new coin. Caracalla’s predecessors over the previous several decades had ordered an astonishing debasement of Roman currency; the silver content in …

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empires

How Empires End

by Jeff Thomas “Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.” – Thomas Jefferson Histories are generally written by academics. They, quite naturally, tend to focus on the main events: the wars and the struggles between leaders …

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