The Price of Silver If Ancient Rome Still Ruled The World

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Information The Price of Silver If Ancient Rome Still Ruled The World

Title	:	The Price of Silver If Ancient Rome Still Ruled The World
Lasting	:	10.20
Date of publication	:
Views	:	14 rb

This was really cool!
Comment from : Christopher McCormick

Salve! Would love more on Roman economics/money compared to today!
Comment from : DieLuftwaffel

Very interesting!
Comment from : Valerie R

So much for money progress How much for a busload of modern slaves, for my vast estate in 2023? Oh, how much to buy a politician in 23 AD versus that of 2023?
Comment from : Tinker

The difference in the value of silver in your exercise is the cost of government regulations on people and companies
Comment from : Bruce Penoske

Go for a Roman coin episode!! 👌
Comment from : Silver Stacker

Really fascinating- thanks!
Comment from : Nate S

Top notch education
Comment from : Isle Sanctum

Didn't roman soliders also sometimes get paid in a measurement of salt?
Comment from : J S

What was the common currency of day to day, copper coins and small bags of salt to pay for market items?
Comment from : J S

Lol, I thought 🤔 you said ass, my Latin is rusty
Comment from : J S

Did they used copper coins day to day?
Comment from : J S

Good info !!
Comment from : Jay Fedaiy

Why invest in Silver and Gold? cause its frozen work Fiat money is?
Comment from : STefan RIchter

According to Wikipedia that Roman denarius had approximately 4 grams of silver So an ounce of silver or 8 denarius would be at least a weeks work? The video is confusing comparing a Roman denarius to an ounce of silver This calculation would make silver actually far more valuable than calculated in this presentation? Copper coins come at far higher premiums these days than generic silver Another sign of the imbalance and depression of silver People always preferring to spend coppers and hoard the silvers
Comment from : Bruce Campbell

Great video, would love to see more about Roman coins !
Comment from : dbag57

I have to disagree with you First off the portions were probably smaller in ancient rome than they are today But more importantly I think the substitute for cheesecake and pork is unfair as both items are more expensive than their counterparts According to my calculations to reflect the smaller portions, The $8 wine should be calculated at $6, the substitute for eggplant is fair I'll give you the full $6 However they do still sell sausage at resturaunts to this day depending on where you go out you could pay anywhere from a dollar menu item to $10 for an order of sausage so I will go right down the middle at $5, and bread is free with your meal, not really as the business owner calculates the cost into other menu item prices, but it is not directly billed for so it is free in my calculation So all totaled up a meal for 2brWine $6 ($12)brEggplant $6 ($12)brSausage $5 ($10)brBread free (free)brTotal $34 or $38 if you price the wine at the full $8 eachbrSo its pretty close to the current price of silver once you figure in the cost of premiums on silver
Comment from : J Smith

An important thing to consider is the quantity of available silver versus the size of the population, particularly the population that trades in itbrbrIf we adopted it as the standard for currency, there would be a different level of scarcity per person in the market than there may have been in the distant past, and that's where the value would come from
Comment from : Psychic Alchemy

I'd really enjoy one or more videos on the subject of Roman coins Your obvious interest has piqued mine, but I know enough to know that I could easily be taken advantage of I'm curious - how are Roman coins valued? Are they expensive? Are they rare? Thanks for another great video!
Comment from : Stax

back in Roman times, you could get 16 ases for one silver coin!💋
Comment from : Adolfo Hidalgo

Interesting analysis, but I find your fundamental assumption of an equivalency between a denarius and an eagle to be both pivotal and unfounded Please share how you came to that assumption
Comment from : Caleb D

I belive your analysis of equivilating a Danarius to a Troy ounce is flawed I believe modern mining technologies can be offset by POPULATION growth Compare silver to human ratio and it will change your mind Also consider silver consumption in tech
Comment from : lowbloodprsure

Fascinating!!
Comment from : C R

I’d like to see more Roman videos
Comment from : Batt Man

Ancient Rome never stopped ruling the world
Comment from : Christ is King

Enjoy your videos!
Comment from : Dave Campbell

You are wrong Only a min into the video The "silver coin" the soldier was paid was NOT am ounce coin It was 1/10th of an ounce!! So if 1/10th translates to around $150 for a days pay, we are looking at a silver price today of $150000/ounce!
Comment from : Samuel Clarke

if a denarius is 46 goes into a troy ounce by 68 to get the amount true so an ounce of silver will be equal to 68 days of work
Comment from : Steven Wylie

Excellent Ressearch
Comment from : Kris Cabrera

16 asses
Comment from : Richard B

If you put up one or two wool blankets off camera it would reduce the reverberations, thus improve audio quality
Comment from : kulturfreund66

Listen, it was INCREDIBLY difficult actually hearing what you’re saying because I am looking in your eyes and it seems obvious you are reading word for word of a script, it’s just so distracting… But great information!
Comment from : LoonyMoon

I don’t know 100 but I assume the Romans didn’t use silver for industrial purposes I will assume that the Romans didn’t use silver for electric purposes or medicine etc so I think the price of silver is at $150
Comment from : Joseph l Gamble jr

LOL that statement is totally wrong The Roman soldier was paid about a dimes worth of silver per day Hmmm so your discussion is wrong off the bat
Comment from : SilverFox 10

I would love to learn about the Roman money system
Comment from : LL L

Another good one!
Comment from : Victor Akin

Great content!
Comment from : Canada2016

There's a lot more silver today, but there's also a HECK of a lot more people today too! 😁
Comment from : EroticOnion23

Rome had the first quantitate easing
Comment from : Deep Purple

At the end of the day this is just a fun exercise which I enjoyed watching One can poke 1000 holes in this exercise Value is relative, but no such thing as accurate value exist Yet, we still try to find it
Comment from : 925inder

Beautiful coins
Comment from : Joshua Manuel

Love to see your stack and yes Roman currency breakdown
Comment from : Joshua Manuel

Like like like
Comment from : Ismail Hebesha

Your arguement of 1 denarius is equal to 1 ounce now Because of increased mining technology etc Is flawed The same principles of more productivity would apply to farming Making wine Mass production of plates, tables Etc Silver is also a finite resource Wine and food are not
Comment from : odd ball

Wow 😁 liked what you said about silver 🥈🥈🥈 to bad it isn't that way anymore hope one day all of that manipulation finishes maybe in another life after ours great video 😊🥈🥈👍
Comment from : BETO2024

Silver comes out of the ground 6 ounces to 1 ounce of gold At the bare minimum it should be 1/6th the price of gold 98 of gold is jewelry it has very little use About 60 of silver is used and once it's used most is not RE-capturable Electric cars, tv's, scooters, bicycles, cycles, solar panels, anything "green" uses a massive amount of silver Teslas take a lot of silver to make It's the best electric conductor in the world And we have a huge shortage of silver that no one seems to be talking about The "CONex" is where they "set the value" of silver The "left hand trades to the right hand and right hand back to the left Millions of ounces of silver every day But the physical silver never moves It's all manipulated They have manipulated the price of silver downward more than any other precious metal And so is gold The truth value of gold should be 10k to 20k per ounce and silver should equal and surpass it That puts silver at 20k to 30k per ounce at least for awhile The "Green New Deal" they want is Impossible wi the out massive amounts of silver way more than is in existence today The uses for silver are incredible And yet they lie and deceive at the top of the financial markets When the people wake up and realize the "CONex" is criminal and a fraud they will stop looking at it to determine the true value of silver and other metals On that day the wealth of the wicked will be stored up for the righteous will happen What is coming will blow your mind Just wait
Comment from : Bryce Campbell

Triple digits by end of 2022 I hope I'm wrong and it's quad digits
Comment from : 86Disab

Yes, I love collecting Roman coins
Comment from : Lou G

Vale is saying good by to one person brValete for multiple people brbrSame for greetingsbrSalvebrSalvete
Comment from : David Brinkerhoff

Love it
Comment from : Patrick Sparre

So change it to $ per gram the silver must be USD 528 per ounce
Comment from : Julian Emperor

That was very interesting and a clear way to think about the value of silver!!! Thank you!!!!
Comment from : Richard Chiriboga

Sic collection 👍 I’d like to hear more and about their Gold to Silver ratio as well 🤔
Comment from : smity25ca

I like the thought experiment cept the price of food has fallen over the centuries for people So the 76 dollars may be pretty low Food I'm the past cost a higher percentage of our wages It is supply chains and oil tractors that got food so low
Comment from : Joseph Gomez

How much goods and services does a toy ounceof silver buy in Venezuela during the hyperinflation ?????😳😳😳😳😳😳😳😳😳😳😳😳😳😳🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓
Comment from : Lehi Silver

Nice! And your Italian is very good!
Comment from : Jay DeMay

One thing different now is that there may be more physical gold above ground than silver given how much silver is dispersed each year into a multitude of products or discarded into landfills Ratio in the earth is now roughly 9 to 1 which is also lower than the historical 15 or 16 to 1 ratio Hard to estimate purchasing power today if fiat money vanishes Interesting example of your part Thanks
Comment from : Dale Clark

Silver is worth silver true value is worth about 50 times what u just said
Comment from : Jeffery

Could the US ever be put back on the "gold standard"?
Comment from : alexander kucinich

I've always heard that the wage of a Roman soldier was 1/10 of an ounce per day
Comment from : Ready Oar Knot

Here I want to respond on your video ROME is still in charge Nothing changed, the ROMAN EMPIRE is still ruling!!!!!
Comment from : quartzstatistics

I really like your channel I find all your info very interesting So thank you so much!
Comment from : Linda Lee

Love silver and love the educational videos Thank you for your time Sir
Comment from : CurtFromCanada

Bald Guy Money, Thanks for this video It is really hard to compare the 'dollar value' of silver from year 200AD to 2022AD for many reasons, yet it is always an enjoyable exercise to do so My thinking is that the true value of 1 troy ounce of fine silver today is in the range of $100 - $1,000 however, it is a moving target with the debasement of the US Dollar
Comment from : Trigger Finger

Bonjour de France As always, wonderful video Merci
Comment from : Jean-Robert Lombard

$76??? HA!!!! Silver will $500 by Christmas 2022!
Comment from : BorderGuards

I think your metrics of choice is incorrect A denarius is a living days wage You can't live on 2 meals a day and not have anything left to pay rent, clothes, swords, blacksmith, feed, sandals
Comment from : BorderGuards

4:15
Comment from : Allen Arrows

That was a fun video and I am always up for more in depth and historical videos!
Comment from : Aloha Stacker

great subject, can you cover the pirate days too, yaaarrrrr
Comment from : Mike Camacho

Imagine if silver were to regain its position again as "real money" Also being used as "real money" You pay for something hand them a silver eagle dollar and they give back the difference in change WHAT?? copper cents and nickle nickles ? Those things are not close to the real value of silver 10 copper cents in exchange for a silver dime?? Two nickles for a silver dime?? IF WE RETURN TO THAT PLACE IN TIME IT WOULD BE ADVANTAGEOUS TO HAVE A PLETHORA OF CHANGEon hand ahead of time you have to have change , they even still do it today with the debased fake coinage
Comment from : Roy Madison

Man, I can tell you put a lot into these they're really good and well thought out
Comment from : Ted Richardson

Yes, more Roman coins, please, as long as you have it in focus ahead of time as at the end of this one
Comment from : Amit Basu

Great video Bald Guy keep up the history lessons I really enjoyed the content
Comment from : Attila A

Bald guy, I did a little research on silver in electric vehicles, and for solar panels, both a big part of the Green New DealBy 2030, they want 1/2 the new cars to be electric, and they want 72 million homes to be solar powered, which, together, is approximately 48 of annual silver production worldwideI see silver either rising to close to $300 an ounce because of the great need, or, if the criminals are allowed to keep rigging the market with paper, maybe $10 an ounceIt all depends on the legal systemThanks, I love your videos, and usually agree with you, but I believe there is too much demand right now, and silver will either skyrocket, or collapse, depending on if there is any justice left in America If there really is a silver shortage, as some say, and justice prevails, I see silver over $300 an ounce, maybe $400
Comment from : Helen Brooks

Thank you!
Comment from : Steve

roman coins like every other monitory coin in the world were both fractional and partial, ranging from 40 to 5 in puritybrbrand also like every other monies in the world, its value is given by the person that owns it NOT YOU the person that owns itbrbrbrIn todays society that would be the central banks
Comment from : I Have Given up