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Diocletian, in an attempt to prevent counterfeiting, …
Years: 301 - 301
Diocletian, in an attempt to prevent counterfeiting, orders the burning of all texts dealing with gold-, silver- and copper-working; this proscription, however, fans an increased interest in alchemy and magic as ways of transmuting base metal to gold.
He introduces direct control of wages and prices in 301 with his issuance of the Edict on Maximum Prices, which, rather than halting rampant inflation and stabilizing the economy, adds to inflationary pressures by flooding the economy with new coinage and by setting price limits too low.
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Years: 301 - 301
Locations
People
Groups
Topics
Commodoties
Subjects
Regions
Subregions