Silver Will Explode And Fake Money Collapse Like In 3rd C.

History repeats itself with staggering similarity. The Crises of the 3rd Century and today have much in common. All empires have the seeds of their own destruction within them. So if we look back almost 2000 years to the Roman Empire we will find exactly the same symptoms as today.

Deficits, debts, excessive military spending, debasement of currency, breakdown of trade, plague, revolts, wars, and hyperinflation.

 This is exactly what happened in the Crisis of the 3rd century and right now the world is facing the same disasters. When Marcus Aurelius’ son Commodus (picture) became Emperor in 180 AD, the silver content of the Denarius coin was almost 90%. But then gradually costs were soaring and revenues declining and the empire was running out of real money or gold and also silver. More and more money was required to bribe a disloyal army. By 235 the situation became serious as many Roman legions were defeated by the Germanic peoples. The Roman generals also fought each other for control of the Empire. Between 235 AD and 284, there were more than 50 emperors most of them murdered or killed in battle. The finances of Rome declined rapidly and debts increased substantially. Taxes were continuously raised but there were fewer and fewer who were in a position to pay tax. From 250 AD there was also a plague that killed major parts of the population.

THE MORE IT CHANGES THE MORE IT STAYS THE SAME

By changing the names and years to today in the above paragraph, the situation is almost identical. From the creation of the Fed in 1913, the US and the dollar have gradually gone downhill but the acceleration phase started in 1971 when Nixon closed the gold window.

Again the similarity with Rome is astonishing. The real decline started in 235 when the Crisis of the 3rd century began. At that time the Denarius had 50% silver content which over the next 50 years declined to 5%, a 90% fall. Emperor Gallienus presided over this final fall in the 260s AD.

THE DECLINE OF THE ROMAN EMPIRE & THE DENARIUS

(Click on image to enlarge)

Silver Content of the Roman Denarius

THE DOLLAR HAS LOST 98% SINCE 1971

The situation today is even worse. In the 50 years between 1971 and today, the dollar has lost 98% of its real value, measured in gold. The fall is now accelerating as the graph below shows. The dollar has lost a staggering 83% in the last 20 years since 2000.

(Click on image to enlarge)

THE SYMPTOMS ARE THE SAME BUT THE DATES CHANGE

What is absolutely extraordinary is that the symptoms of the 3rd century are identical today: Deficits, debts, excessive military spending, debasement of currency, breakdown of trade, plague, revolts, wars, and hyperinflation.

Each one of the above symptoms is present today. We obviously have the debts, deficits, etc. We also have social unrest in many countries and right now rampant in the US. We  also have the plague in the form of Coronavirus. So far there are no major wars but sadly with the current geopolitical tensions, the risk is major.

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