this post was submitted on 26 Sep 2023
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The original was posted on /r/askhistorians by /u/just_breadd on 2023-09-26 13:15:36.


With Emperors minting their own coins and currencies and it being very difficult for ancient states to take money out of circulation, I always wondered: How can an economy function when the value of the coins shift so relatively quickly. Would there be different conversion rates, ie 10 of Decius' coins were worth 1 denarius minted under Caligula? Or would they be treated as of same value?

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