The Roman Coin Chart That Doomsayers Love To Pass Around

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Travel Politics Latest Video Friday, May 20, 2011 The Roman Coin Chart That Doomsayers Love To Pass Around People who focus on the decline and fall of the dollar are really into passing this chart around. A version of it was in the latest Martin Armstrong note, and SocGen's Dylan Grice used it in a recent presentation. It shows, basically, that currency debasement is as old as currency itself, as Romans gradually chipped away at the amount of silver in their coins. The further lesson from history apparently is that in addition to currency debasement being a characteristic of great empires, total collapse is too. Good times. Read » Also On Clusterstock Today: New Details From The Letter Piroska Nagy Wrote To Warn The IMF About DSK's Behavior Did Goldman Sachs Blow Its Intern Recruiting This Year? Meet The Lucky Hedge Funder That's Marrying Ralph Lauren's Daughter Alleged Insider Trader Was Excited To Work At Galleon For Two Reasons: Money And Camouflage Advertisement CHART OF THE DAY: The Collapse Of The Cyclicals CHART OF THE DAY: The Biggest Myth About QE2 Gets Busted CHART OF THE DAY: What Percent Of Corporate Profits Come From Overseas? Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Clusterstock RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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