Thursday, March 26, 2009

History Gobbet

At the start of the Second Triumvirate Octavian, Mark Anthony (...and Lepidus) needed to raise money quickly, so they came up with the plan of 'prescribing' 2500 of their political enemies, a process which involved both execution and a seizure of funds.

Unfortunately this brutal coup flooded the market with expensive villas, crashing it badly and leaving the Triumvirs with a collection of rather toxic-looking assets. In the end they had to resort to stealing from the Vestal Virgins and then, the even more unthinkable, taxing the up to then fiscally-exempt citizens of Italy.

1 comment:

Mark said...

A prophecy for America, perhaps?