| Just look back at all of the fallen economies. They fall from inflation. "Although the Emperor Constantine (reigned AD 306-337) is considered by many to be among the greatest of the later Roman emperors, he was unable to fix the failing Roman economy. The inflation persisted for nearly two hundred more years, during which time taxes were massively increased. Internal problems were further compounded by the economic situation, such as the concentration of wealth in fewer and fewer hands, which often led to mob riots. Eventually, the Roman government was unable to pay its armies, which then often turned their swords on Rome itself. In the end, it was primarily Germanic tribes, such as the Goths and Vandals, who dealt the final death blows to Rome, but that would not have been possible if Rome’s economy were not weakened by a particularly excessive and long lasting inflationary cycle." https://dailyhistory.org/What_Role_Did_Inflation_Play_in_the... "The Ottoman economy was disrupted by inflation, caused by the influx of precious metals into Europe from the Americas and by an increasing imbalance of trade between East and West. As the treasury lost more of its revenues to the depredations of the devşirme, it began to meet its obligations by debasing the coinage, sharply increasing taxes, and resorting to confiscations, all of which only worsened the situation." https://www.britannica.com/place/Ottoman-Empire/The-decline-... "Wampum is a traditional shell bead of the Eastern Woodlands tribes of Native Americans... Eventually, the Colonists applied their technologies to more efficiently produce wampum, which caused inflation and ultimately its obsolescence as currency." https://en.wikipedia.org/wiki/Wampum "The Nazis planned to bomb Britain with clouds of forged bank notes." https://www.smithsonianmag.com/smithsonianmag/nazis-planned-... I could go on and on.. |