Medieval England’s Sudden Silver Currency Conversion Solved

: Michael-Robert.

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Feb 2, 2013
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A team of researchers has revealed that medieval England’s conversion from gold to silver coinage was a kind of ancient quantitative easing initiative, sourced through Byzantine silver. After this, England relied on silver imported from France to make its coins?

 

Some of the coins analyzed during the study. (The Fitzwilliam Museum, Cambridge/Antiquity Publications Ltd)
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