“Тhey [Romans] were forced to debase the currency. Debasing the currency for them was the same as borrowing is for us. It basically shifts the cost of solving your problems on to the future. Now, you can do that if the future doesn’t have any problems of its own. And we know that never happens, right? So the future has to deal with its own problems plus the cost of the past problems that you’ve deferred the cost of.”