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Debasement all around: lessons from 16th-century inflation

The Intelligence from The Economist

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Inflation and Instability in 16th Century England

This chapter explores the causes and effects of inflation during Henry VIII's reign, marking a shift from price stability to economic distress in England. It discusses the influential factors behind inflation, including population changes and currency debasement, while connecting these economic issues to broader societal unrest and political turmoil in 16th-century Europe.

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