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=== Economy === [[Image:Domitian denarius son.png|thumb|250px|Upon his accession, Domitian revalued the Roman currency by increasing the silver content of the [[denarius]] by 12%. This coin commemorates the [[apotheosis|deification]] of Domitian's son.{{efn|Caption: IMP. CAES. DOMITIANVS AVG. P. M. / DIVUS CAESAR MP. DOMITIANI F.}}]] Domitian's tendency towards [[micromanagement]] was nowhere more evident than in his financial policy. The question of whether Domitian left the Roman Empire in debt or with a surplus at the time of his death has been fiercely debated. The evidence points to a balanced economy for the greater part of Domitian's reign.<ref name=jones-73>Jones (1992), p. 73</ref> Upon his accession he revalued the [[Roman currency]] dramatically. He increased the silver purity of the [[denarius]] from 90% to 98% – the actual silver weight increasing from 2.87 grams to 3.26 grams. A financial crisis in 85 forced a [[devaluation]] of the silver purity and weight to 93.5% and 3.04 grams respectively.<ref>{{cite web|url=http://www.tulane.edu/~august/handouts/601cprin.htm|archive-url=https://web.archive.org/web/20081101003844/http://www.tulane.edu/~august/handouts/601cprin.htm|archive-date=1 November 2008|title=Roman Currency of the Principate|date=1 November 2008}}</ref><ref name=jones-75>Jones (1992), p. 75</ref> Nevertheless, the new values were still higher than the levels that Vespasian and Titus had maintained during their reigns. Domitian's rigorous taxation policy ensured that this standard was sustained for the following eleven years.<ref name=jones-75/> Coinage from this era displays a highly consistent degree of quality including meticulous attention to Domitian's titulature and refined artwork on the reverse portraits.<ref name=jones-75/> Jones estimates Domitian's annual income at more than 1.2 billion [[sestertius|sestertii]], of which over one-third would presumably have been spent maintaining the Roman army.<ref name=jones-73/> The other major expense was the extensive reconstruction of Rome. At the time of Domitian's accession the city was still suffering from the damage caused by the [[Great Fire of Rome|Great Fire of 64]], the civil war of 69 and the fire in 80.<ref name = jones-79/> Much more than a renovation project, Domitian's building program was intended to be the crowning achievement of an Empire-wide cultural renaissance. Around fifty structures were erected, restored or completed, achievements second only to those of Augustus.<ref name=jones-79>Jones (1992), p. 79</ref> Among the most important new structures were an [[Odeon of Domitian|odeon]], a [[Stadium of Domitian|stadium]], and an expansive palace on the Palatine Hill known as the Flavian Palace, which was designed by Domitian's master architect [[Rabirius (architect)|Rabirius]].<ref>Jones (1992), pp. 84–88</ref> The most important building Domitian restored was the [[Temple of Jupiter Optimus Maximus]] on the Capitoline Hill, said to have been covered with a [[gilding|gilded]] roof. Among those completed were the [[Temple of Vespasian and Titus]], the [[Arch of Titus]] and the [[Colosseum|Flavian Amphitheatre (Colosseum)]], to which he added a fourth level and finished the interior seating area.<ref name=jones-93/> In order to appease the people of Rome an estimated 135 million sestertii was spent on donatives, or ''[[congiarium|congiaria]]'', throughout Domitian's reign.<ref name=jones-74>Jones (1992), p. 74</ref> The Emperor also revived the practice of public banquets, which had been reduced to a simple distribution of food under Nero, while he invested large sums on entertainment and games. In 86 he founded the [[Capitoline Games]], a quadrennial contest comprising [[Athletic sport|athletic displays]], [[chariot racing]], and competitions for [[Public speaking|oratory]], music and acting.<ref name=jones-103>Jones (1992), p. 103</ref> Domitian himself supported the travel of competitors from all corners of the Empire to Rome and distributed the prizes. Innovations were also introduced into the regular [[gladiator]]ial games such as naval contests, nighttime battles, and female and dwarf gladiator fights. Lastly, he added two new factions to the chariot races, Gold and Purple, to race against the existing White, Red, Green and Blue factions.<ref name=jones-105>Jones (1992), p. 105</ref>
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