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Financial Woes

Contributed by David Verne

The Roman economy is doing well, but Imperial finances are straining under the burden of Domitian's numerous building projects and the pay raises given to the military. Domitian is forced to debase the currency, which he found hard to do since he thought it reflected badly on an emperor to mint sub par coins. As several Senators were accused of treason, their estates were seized by Domitian, and this became an important source of income. [1]

My Take by David Verne
The army raises weren't a problem yet in Roman history, and about 1/3rd of Domitian's personal income went towards paying the army. Future emperor's will also give raises to secure the army's loyalty, but this will get so out of hand that the treasury was buckling under the weight of supporting the military.

See Also

References

  1. Duncan, Mike (December 13, 2009). 77- What Time is It?.

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