Tag Archive: currency debasement

Jun 30

Hyperinflation and Tyranny in Diocletian’s Rome

Military Expansion: In 284 C.E. the Senior Augustus, Diocletian expanded the Roman legions fourfold. The empire was at its apex of expansion. The Byzantine author, Lydus, records Diocletian’s army at 389,704 soldiers and 45,562 in the navy fleet. The army had always taken the largest portion of the empire’s budget.

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