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Why didn't minting why didn't Minting More coins solve the empires economic problems?
Wiki User
∙ 7y ago
because they didn't have enough money
Juana Sporer
Wiki User
∙ 7y agoIncreasing the amount of money in circulation causes hyperinflation by decreasing the value of money. This also happened in Germany in the 1930s and in Zimbabwe recently. In addition to this, there had been debasement of the coins for some time. This was the decrease in the content of precious metal (silver or gold) of the coins. This also decreases the value of money and decrease its purchasing power. By the late third century AD, Roman coins hardly had ant precious metal and were worthless.
Wiki User
∙ 7y agoSure a government can print money or produce coins, but unless there is gold or silver to back its value it is worthless. Nothing but play money.
Wiki User
∙ 11y agobecause they didn't have enough money
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Why did the coinage act of 1873 cause protest?
The Coinage Act of 1873 stopped the minting of silver coins.
What was roman money made of?
Throughout the centuries, the roman currency saw many changes. Gold, silver, brass and copper being the materials used. Their shape and minting changing frequently.
Is a 1984 penny that appears to be made of steel possible?
This coin has two possibilities; One is that someone has altered the coin after minting, such as coating it with mercury, ETC. A related possibility is that the zinc base coin lost its copper plating, or was never plated in the first place. This type of coin is worth only face value. The second possibility is that it is a misstruck coin. This type of error in minting is called 'Wrong Planchet'. The only planchet that a penny can be mistakenly minted on is a dime planchet. These are extremely rare and are worth $250.00.
What happend in history today 30th of December?
Many things have happened in history on December 30th. In 1933, Vermont set a state record with a temperature of -50 Fahrenheit. In 1963, Congress authorized minting of a Kennedy half dollar. In 1972, President Nixon halted the bombing of North Vietnam.
How much is a 1803 Louisiana purchase five cent coin worth now?
Please turn the coin over. You'll find the minting date on the front, like all other nickels. Your coin was made in 2004 and is only worth 5 cents if you found it in change. 1803 is the date of the Louisiana Purchase.
What is Sunshine Minting's population?
Sunshine Minting's population is 2,009.
Why was there a gap in the minting of the Peace Dollar?
For the same reason there was a small gap in the minting of quarters: The Great Depression.
What institution of the government is responsible in minting and printing its currency?
The Treasusry department is responsible for minting and printing the US currency.
What is the process of making coins?
Minting
What is a coin with a minting error called?
its FIDOA coin containing a minting error. [ f(reaks), i(rregulars), d(efects), o(ddities)
How long does it take to make a hub?
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How long was silver used in the minting of nickels?
222
Who laid the foundations of modern minting of coins?
Romans
Who laid the fountains of modern minting of coins?
romans
Which of these is not a responsibility of the Federal Reserve Bank?
minting coins
What is that name called when you make coins?
Coinage or minting.
What name is used for the production of coins?
The process is called 'minting'/
