The Timpson Lyceum seal
← History of Rome – Titus Livius (2025)
← PreviousNext →

Conflict of the Orders – Lecture 11 (History of Rome)

PDF

Quiz

1 / 10

What were the "goods of Porsenna," and why did the phrase enter Roman speech?

✦ Hall of Aces

1 perfect score
Augustine

Discussion (2)

  • Denis A
    98d ago

    What prevented competition in interest rates?

    • Donny
      95d ago

      I'm not sure, but my best guess is the wealthy functioned similar to a cartel, and so there was an understood interest rate that you charged when you lend money. All we know for sure is that it was a problem, and Rome passes several laws through out the years capping interest rates. The first cap may have been as high as 100% interest (it was either 8.33% per year, or 8.33% per month).

Sign in to leave a comment.

← Early Roman Republic – Lecture 10 (History of Rome)Consuls vs Tribunes – Lecture 12 (History of Rome) →