Comment by satvikpendem
9 months 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.
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