Inflation and the Fall of the Roman Empire by Joseph R. Peden Part 1

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Uploaded by on Sep 7, 2009

http://mises.org/story/3663
http://guardofliberty.blogspot.com/2009/01/rome-america-twins-bound-by-fate.html

An interesting Mises article I came across today that I thought I'd share with you all. History seems to be repeating itself doesn't it?

I've also written a similar article on my blog early in the year, check it out.

This is a good look at what happens when extortion rackets monopolize money.

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Uploader Comments (GuardofLiberty)

  • So what do you think GuardofLiberty ? You think it will pay off on an above average level to save money right now & over the next 10 years or so, since a whole LOT of people think the worlds going to end in 2012, or the economy is "guaranteed" to collapse since propaganda Youtube videos made by people in Russia say "abandon your country, it's collapsing", or, a LOT of people, think were guaranteed to enter WW3 & nuclear war, OR finally, various religious bibles "predict" Earth's final times.

  • @PeterFileMoeLester I don't think we're in for hyperinflation period. However, long-term I do see inflation on the way (unless this stagnation continues of course). Possibly there could be some bad stagflation on the way, if banks stop hoarding but no jobs get created of course.

    I put an interesting article on my Tumblr considering dollar denominated assets, perhaps you should take a look at it.

    Don't get me started on those 2012 idiots...and nuclear war is just as distant a possibility.

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  • Some historians say the Empire ended in 476 when Odoacer deposed the last Emperor of the western Roman Empire, Romulus Agustus. Other say it ended in 1453 when the Turks captured Constantinople. They're both wrong--the Roman Empire actually ended in 1918 when the last ROMANov Emperor was killed by the Bolsheviks.

  • Don't let this happen to America. We need to elect Ron Paul as our next president.

  • Hold the remnants of this society, collect Roman coins....

    VCOINS . COM

  • i would rather have a physical metal coin inflate than fiat paper...... right or wrong? at least the coin will back itself to some respect.

  • The European Union is the new roman empire.

  • The roman empire still lives today.

  • Interesting way of looking at it. I was quite amazed to learn that British museums have a total of several tonnes of coins from the Roman Empire. The place must have been awash with cash.

  • LOL, sounds almost like he's saying "booyon". Which unfortunately reminds me of the great counter indicator Jim Cramer & his angry money....

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