History of Europe

What is the difference in inflation between Ancient Rome and America?

Ancient Rome

* Inflation rate: 1-2% per year

* Causes:

* Increase in the money supply

* Population growth

* Government spending

* Wars

America

* Inflation rate: 2-3% per year

* Causes:

* Increase in the money supply

* Government spending

* Rising energy prices

* Global economic conditions

Comparison

The inflation rate in America is higher than the inflation rate in Ancient Rome. This is due to a number of factors, including:

* The increase in the money supply: The Federal Reserve has been increasing the money supply in order to stimulate the economy. This has led to an increase in inflation.

* Government spending: The United States government has been spending more money than it has been taking in in taxes. This has also contributed to inflation.

* Rising energy prices: The price of oil and other energy sources has been rising in recent years. This has led to an increase in the cost of goods and services, which has contributed to inflation.

* Global economic conditions: The global economy has been slowing down in recent years. This has led to a decrease in demand for goods and services from the United States. This has also contributed to inflation.