35016YM That's Why Counterfeiting Money Has Always

Q&@
BEEN CONSIDERED
A MUCH MORE SERIOUS CRIME THAN OTHER ACTS OF DECEPTION.
Counterfeiting is not just cheating - it's a breach of sovereignty, an act
of subversion against the power, privileges and person of the King. The legal term
is lese-majesty (violating majesty), & was typically punished by torture & death! As long as
people trusted the power & integrity of the king, they trusted his coins! Total strangers could easily
agree on the worth of a Roman denarius coin, because they trusted the power & integrity of the Roman
emperor, whose name & picture adorned it?! In turn, the power of the emperor rested on the denarius!?
Just think how difficult it would have been to maintain the Roman Empire without coins - if the emperor
hàd to ráise taxes & pay salaries in barley and wheat. It would have been impossible to collect barley
taxes in Syria, transport the funds to the central treasury in Rome, and transport them again
to Britain in order to pay the legions there! It would have been equally difficult
to maintain the Empire if the inhabitants if Rome believed in gold
coins, but the subject populations rejected
this belief, putting their trust
instead in cowry shells,
ivory beads or
rolls of
cloth.

03 jul 2019 - bewerkt op 06 jul 2019 - meld ongepast verhaal
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