User:Nikita.lalit/sandbox

Responses to the crisis
In response to the crisis ,emperor Tiberius came to the rescue. He stepped in and implemented the quantitative easing. He made loans to the land owners interest free for three years ,thus injecting liquidity.

100 million sesterces were taken out of the imperial treasury and distributed among worthy bankers so it could be landed out to the neediest on which no interest was collected.

For this the borrower had to give twice the valuation of estates as security. This ensured that people avoided selling their estates at lower price ,which controlled liquidity and ensured that lack of liquidity never occurred.

The decrees which had precipitated the problem were suspended .Sextus marius was accused of treason and his property ,including mines was confiscated .The gold and silver mines were also brought under the fiscus.