Renaissance England was a bustling and exciting place...new religion! break with rome! wars with Scotland! And France! And Spain! The birth of the modern world! In this twice-monthly podcast I'll explore one aspect of life in 16th century England that will give you a deeper understanding of this mo… read more
In the 1540's Henry VIII began what economists have called the greatest monetary treason ever committed against citizens. What was this con job? The Great Debasement, when coins went from containing about 92% silver to less than 30%. More money to make war on France! And Ireland! Only not. It backfired. Royally and majestically.
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