Inflation

May 7, 2008

Who is so hardened of heart and so untouched by a feeling of humanity that he can be unaware, nay that he has not noticed, that in the sale of wares which are exchanged in the market, or dealt with in the daily business of the cities, an exorbitant tendency in prices has spread to such an extent that the unbridled desire of plundering is held in check neither by abundance nor by seasons of plenty….

Diocletius, 310 AD, as the Roman Empire crumbled around him.