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Old 02-14-2010, 02:15 PM  
mayabong
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Join Date: Jan 2010
Posts: 1,952
Quote:
Originally Posted by dyna mo View Post
i am basing this on my degree in ancient history from UC Berkeley.

I could be wrong but I don't think so. as I learned about the history of civilizations, each of their collapses was not caused by a devalued currency. it's not a fact that the last stage of en empire on the verge of collapse is characterized by printing money.

maya, mesopotamia, chaco canyon, roman empire, han dynasty, greece, british empire, etc. none collapsed via money printed in a way that contributed to their decline, let alone create the collapse.
You may be right.. One thing that most have in common is the spread of their empire too thin that eventually bankrupted the country, therefore making them create more money out of thin air to try to stay afloat... maybe?
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