The Rules of Money

Mansa Musa's Gold Flood in 14th Century Cairo


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In this episode, we explore the disruptive impact of Mansa Musa's pilgrimage to Mecca on 14th-century Cairo, where his unprecedented generosity with gold triggered rapid and widespread inflation. We discuss how this event illustrates the complex relationship between money supply, economic coordination, and societal adaptation.

Chapters

00:00 Cairo's Monetary Landscape

01:16 Mansa Musa's Unprecedented Generosity

02:49 Impact on Cairo's Economy

05:49 Inflation and Economic Coordination

08:28 Unintended Consequences

11:21 Lessons from the Gold Flood

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The Rules of MoneyBy Nathan Pali