Roman monetary history has tended to focus on the study of Roman coinage but other assets regularly functioned as, or in place of, money. This book places coinage in its broader monetary context by also examining the role of bullion, financial instruments, and commodities such as grain and wine in making payments, facilitating exchange, measuring value and storing wealth. The use of such assets reduced the demand for coinage in some sectors of the economy and is a crucial factor in determining the impact of the large increase in the coin supply during the last century of the Republic. Money demand theory suggests that increased coin production led to further monetization, not per capita economic growth.
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Like coinage, bullion, financial instruments and a variety of commodities played an important role in Rome's monetary system. This book examines how the availability of such assets affected the demand for coinage and the development of the late Republican economy.
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Product details
ISBN
9789004225497
Published
2012
Publisher
Brill; Brill
Weight
320 gr
Height
235 mm
Width
155 mm
Thickness
12 mm
Age
UU, 05
Language
Product language
Engelsk
Format
Product format
Heftet
Author