The Oldest Mistake in the Book: What Five Millennia of Monetary Collapse Tell Us About Modern Central Banking
From Roman coin-clippers to Weimar printing presses, the mechanics of monetary debasement have remained stubbornly unchanged across five thousand years of civilizations that each believed they were navigating unprecedented territory. Central bankers today are not pioneering new errors — they are rehearsing a script so old it predates the alphabet. The psychological playbook behind every collapse is identical, and we have the receipts.