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Episode Markers
  • 14:58
     
    #only worked 2 days a year to pay their taxes    #taxes paid for services   
    The ordinary Roman citizen only worked 2 days a year to pay their taxes. These taxes paid for services that included military, courts, roads, bridges, some of which are still in use, and pure water throughout the empire.
  • 15:41
     
    #Edward Gibbon    #Decline & Fall of the Roman Empire    #second century AD was the happiest time   
    18th century historian Edward Gibbon wrote in his book "Decline & Fall of the Roman Empire" that the second century AD was the happiest time for any citizens.
  • 17:14
     
    #Three components to freedom    #National Freedom    #Political Freedom    #individual freedom   
    Three components to freedom&59; National Freedom -- freedom from foreign domination, Political Freedom -- the freedom to not be aggressed against by the state, and individual freedom -- live as you choose as long as you don't harm others.
  • 33:33
     
    #Romain army used in combat only about 10% of the time    #army was used in building infrastructure   
    Romain army used in combat only about 10% of the time. The rest of the time the army was used in building infrastructure.
  • 01:06:10
     
    #Emperor Septimius Severus    #we have the sword, we shall not run short   
    Emperor Septimius Severus said there was no more money to be pillaged from the population, but not to worry as for as long as we have the sword, we shall not run short of money.
  • 01:08:39
     
    #Currency devaluation    #95% denarius    #50% silver denarius    #denarius was reduced to 5%   
    Currency devaluation from the 95% denarius to the 50% silver denarius. Then by the middle of the 3rd century the silver content of the denarius was reduced to 5%.
  • 01:09:13
     
    #wage for an average laborer was one denarius   
    Common people did not get paid in gold. A days wage for an average laborer was one denarius. Since the average worker was paid in the denarius, which was getting devalued greatly, they bore the brunt of the price inflation.
  • 01:10:16
     
    #Rome had mostly a foreign army   
    At this point Rome had mostly a foreign army. The army didn't want to be paid in the devalued denarius any longer and demanded gold.
  • 01:12:01
     
    #Prices rose by about 1000%   
    Prices rose by about 1000%. Inflation refers to the inflation of the money supply.
  • 01:12:43
     
    #Emperor Constantine   
    Emperor Constantine started taxing the estates of Senators and the capital of merchants with a tax payable in gold only.
  • 01:14:22
     
    #Logarithmic graph of the silver value   
    Logarithmic graph of the silver value of the denarius from 300 BC until 400AD.
  • 01:17:20
     
    #Graph of silver content in Roman denarius   
    Graph of silver content in Roman denarius.
  • 01:18:34
     
    # 4,600,000 denarius to one gold solidus   
    By 350 AD, the exchange rate was 4,600,000 denarius to one gold solidus .
  • 01:18:34
     
    # 4 600 000 Denarius to one gold solidus   
    By 350 AD, the exchange rate was 4 600 000 Denarius to one gold solidus .
  • 01:19:11
     
    #value of 1 US dollar since 1913    #Federal Reserve Note was introduced   
    Graph of the value of 1 US dollar since 1913 when the Federal Reserve Note was introduced.
  • 01:24:22
     
    #Diocletian's time   
    In Diocletian's time(301 AD) one pound of gold was fixed at 50, 000 denarii. 10 years later it was 120, 000. In 324 it was 300, 000. In the year of Constantine's death, 337 AD, 20, 000, 000 denarii bought a pound of gold.
  • 01:34:15
     
    #Family unit breakdown in the late Roman Republic   
    Family unit breakdown in the late Roman Republic involved high levels of divorce, and the use of child minders to raise kids.

The Truth About The Fall of Rome: Modern Parallels

Twitter: http://www.twitter.com/StefanMolyneux MP3: http://www.fdrpodcasts.com/#/3371/the-truth-about-the-fall-of-rome-modern-parallels Soundcloud: https://soundcloud.com/stefan-molyneux/fdr-3371-the-truth-about-the-fall-of-rome-modern-parallels Western civilization hangs by a thread - to rescue it, we must delve deep into the past to find out how to save the future. The fall of the Roman Empire closely mirrors the challenges currently facing Europe and North America – toxic multiculturalism, rampant immigration, runaway feminism, debt, currency corruption, wildly antagonistic politics – everything we need to know to save everything we love is written deep in the history of ancient Rome – all we need to do is look! Stefan Molyneux, host of Freedomain Radio, takes you on a journey deep into the philosophical, cultural, economic and political causes of the decline and death of ancient Rome. Once you understand what happened in the past, you will never again be confused by what is






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