Friday, 3 August 2012

Polishing the silver



Rome's constant craving for silver meant tributes imposed on defeated kingdoms and countries were usually paid in silver rather than gold. When Hannibal's Punic forces were overwhelmed in October 202BC, Rome imposed a war reparations tax on Carthage of 800,000lbs of silver spread over fifty years...gold was excluded from the deal. It was all about currency...that silver was worth the equivalent of $5.6-trillion to the Roman treasury and gold would not be used as coinage for another century.

Find out if Calvus knew anything about Carthage