Comment by satvikpendem
Comment by satvikpendem 5 days ago
Very true on all of those accounts (and I mentioned in another comment about the Bessemer Process). What's interesting on an economic level is that they knew about hyperinflation but were powerless to actually combat it at a high level. Diocletian tried but they simply were unaware of what truly creates hyperinflation and tried price ceilings which of course do not work for scarce goods.