People who focus on the decline and fall of the dollar are really into passing this chart around.
It shows, basically, that currency debasement is as old as currency itself, as the 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.
Let's hope not.
Chart and Commentary Courtesy of BusinessInsider.com
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