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Modern and old money

From Shells to Crypto: The Evolution of Money and Currencies

Money, in its various forms, has been an integral part of human civilization for millennia. From the earliest systems of trade to the digital currencies of today, the evolution of money reflects the...
Silver denarii coins played a crucial role in Roman inflation and the collapse of the Roman empire. Source: Glevalex / Adobe Stock

The Devaluation of Rome: Roman Inflation and the Demise of the Empire

Inflation is a common economic phenomenon that can have a significant impact on the stability of a country's economy and social structures. This was certainly true for the Roman Empire, which...
Mansa Musa’s travels through Egypt changed the country’s economy for over a decade. Source: HistoryNmoor/CC BY-SA 4.0

Mansa Musa, History’s Richest Man, Wrecked Egypt’s Economy Just by Passing Through

In 2022, Forbes has named Elon Musk as the richest person in the world today. But his $219 billion is said to be nothing compared to the tremendous wealth of a 14th Century West African ruler named...
Roman inflation from 90 BC onwards eventually brought the Roman Republic to its knees! The Roman Forum, the financial and political center of the city and the Republic would have been a busy place as Roman inflation began to destabilize the entire Roman world.		Source: Jebulon / CC0

Roman Republic Experienced Deep Financial Crisis in 90 BC, Study Shows

In the early first century BC, the Roman Republic experienced a multiyear financial crisis, which we can call “Roman inflation.” But while scholars knew that some kind of breakdown in the Roman...