Medieval England’s Sudden Silver Currency Conversion Solved

[: Michael-Robert.]

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?

Medieval England’s Sudden Silver Currency Conversion Solved

After years of speculation, researchers have finally traced the origins of Europe's revolutionary adoption of silver coins in the mid-7th century, uncovering a tale of economic evolution

www.ancient-origins.net

 

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[: Michael-Robert.]

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