Coin debasement and price edicts
About this model
Diocletian, Edict on Maximum Prices, 3rd century–301 CE. The emperor mints coins with less silver to pay soldiers; more coins chase the same goods so prices rise; a legal price cap stops prices rising and goods vanish from the market. A teaching model: it keeps only this core loop and leaves out everything else a real economy has.
"Coin debasement and price edicts" is a public Machinations diagram shared in the Community by Machinations, with 31 components.
It was created in October 2026 and last edited in November 2026.
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