stylistic:tone
Currency and welfare

In 107, Trajan devalued the Roman currency, decreasing the silver content of the denarius from 93.5% to 89.0% – the actual silver weight dropping from 3.04 grams to 2.88 grams. This devaluation, along with the massive amounts of gold and silver acquired through his Dacian wars, allowed Trajan to mint many more denarii than his predecessors. He also withdrew from circulation silver denarii minted before Nero's devaluation. Trajan's devaluation may have had a political intent, enabling planned increases in civil and military spending. Trajan formalised the alimenta, a welfare program that helped orphans and poor children throughout Italy by providing cash, food and subsidized education. The program was supported out of Dacian War booty, estate taxes and philanthropy. The alimenta also relied indirectly on mortgages secured against Italian farms (fundi). Registered landowners received a lump sum from the imperial treasury, and in return were expected to repay an annual sum to support the alimentary fund.