The Spartan authorities ruled that gold and silver hoarding was legal for the state as a monopoly and illegal for individuals. This unrealistic attempt at the control of wealth failed immediately and, instead, fostered the subversive social effects that derive from a money economy in the hands of a people previously sheltered from same. The new money impacted the Spartan attitude toward control of private property and drove the upper and lower classes further apart. Where there had been only a slow concentration of wealth since the reforms began, the imbalance now accelerated.
In addition, the import of money was met with an export of Homoioi, who were sent abroad as administrators of the conquered. Now the number of Homoioi would decrease in greater numbers than those caused by attrition at home. Quoting Toynbee,