Each price rise reflected a reduction of the silver in coin

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It has been claimed by a well-known papyrologist that during the 4th century the rise of prices in Egypt was a consequence of the debasement of the currency: each price rise reflected a reduction of the silver in the coins. Discuss critically.

Reference no: EM13148848

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Each price rise reflected a reduction of the silver in coin : each price rise reflected a reduction of the silver in the coins. Discuss critically.

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