Slide 1 Monetary or Fiscal Policies? Slide 2 Slide 3 Definitions of Debasement Coinage debasement is the reduction of the precious metal content – silver or gold – in…
II. MACRO- AND STRUCTURAL CHANGES IN THE EUROPEAN ECONOMY, 1290 - 1520 B. MONEY AND MONETARY CHANGES IN WESTERN EUROPE, 1290 – 1520 (Part 2) ‘Bullion Famines’ in late-medieval…