Roman Emperor Tiberius Famous Quotes & Sayings

1 Roman Emperor Tiberius Famous Sayings, Quotes and Quotation.

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the gold standard was incapable of preventing the sort of financial booms and busts that were, and continue to be, such a feature of the economic landscape. These bubbles and crises seem to be deep-rooted in human nature and inherent to the capitalist system. By one count there have been sixty different crises since the early seventeenth century - the first documented bank panic can, however, be dated to A.D. 33 when the Emperor Tiberius had to inject one million gold pieces of public money into the Roman financial system to keep it from collapsing.Liaquat Ahamed Roman Emperor Tiberius Sayings By Liaquat Ahamed: the gold standard was incapable of preventing the sort of financial booms and busts that