Getty Villa Examines Life and Legacy of Roman Emperor Tiberius

Popular Archaeology ^ | Thursday, Octoer 10, 2013 | Press Release of the J. Paul Getty Museum

[SunkenCiv]

I think I read that it’s a reproduction of the Piso mansion in Herculaneum.

[colorado tanker]

Yes, it was modeled after the Villa of the Papyri, which is believed to have been owned by Piso.

It is an extraordinary museum, both the buildings and contents. Highly recommended.

[Partisan Gunslinger]

Also the Roman currency system was “debased”, meaning they had a modern grasp of currency as a medium of exchange, knowing that there isn’t enough gold and silver to support economic activity expansion.

The Romans thrived from 700BC until 300AD without debasing gold, then fell soon after the debasement. Debasing your currency is like borrowing money, it feels like your prosperous for a little while, then the chickens come home to roost.

[Partisan Gunslinger]

your = you’re

[SunkenCiv]

Thanks for illustrating my point — the Romans understood currency better than some people today.

[SunkenCiv]

Thanks ct.

[Partisan Gunslinger]

Thanks for illustrating my point — the Romans understood currency better than some people today.

My point was there is never a shortage of gold to run an economy, just shortages of intelligence and patience in a lot of cases.