Faced With Inflation, Diocletian Capped Prices Which Didn’t Prevent the Roman Empire From Collapsing

The fall of the Roman Empire was already unstoppable.

“We have decided, as the whole human race seems to be begging us to do, to fix not the price of goods but a maximum so that, if any surge in prices should occur (which God forbid), greed, which like fields stretched to infinity cannot be contained, may be curbed by the limits of our decree or by the bounds of a moderating law...”

Between November 20 and …