The sick, wounded man that was Rome settled in Constantinople under Constantine the Great and was soon to thrive again under better money. One chapter of Money Dethroned details the monetary progression of that empire; the centuries passed and the pure gold coinage of Constantine became an ever more ancient relic. And so it was after...
Bezant Denier
Bitcoin, Austrian Economics & Monetary History
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Tales of Soft Money — Chinese Counterfeiters
18.02.2020
One chapter of Money Dethroned details the emergence of copper money in Ancient China, and the many difficulties the Emperors there had with counterfeiting, or unlawful money production. Although, as we now know, many medieval travelers observed the paper money of Mongol China, perhaps little did the very same travelers know of the metallic...
One chapter of Money Dethroned details Spanish copper money, and the way it was abused by the state in the 17th century. It is an interesting example of the tinkering of face values, leaving regular Spaniards financially ruined in the process without shrinking or debasing the actual physical coinage.