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The Day Mali’s Gold Collapsed: The Cairo Crisis of 1324

The Mali Empire: The Richest Civilization in History — Fexingo History
S5 E23008:45
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We often remember Mansa Musa for his legendary pilgrimage to Mecca, but we rarely examine the immediate economic catastrophe he triggered in North Africa. This episode dives into the specific mechanics of how Mali’s sudden influx of raw gold in Cairo during 1324 devalued the local currency for over a decade. We look at the accounts of Arab historians like al-Umari and Ibn Khaldun to reconstruct the market shockwave that rippled through the Mamluk Sultanate. You will learn about the mitqal, the specific weight standards of gold, and how the Sultan al-Nasir Muhammad was forced to intervene in free markets to stabilize an economy he did not create. Beyond the numbers, we explore the diplomatic fallout, including the awkward request for Muslim scholars from Timbuktu to help rebuild Cairo’s intellectual life after the gold rush departed. It is a story about unintended consequences, the fragility of medieval trade networks, and how one man’s piety became a regional economic disaster. #MaliEmpire #MansaMusa #CairoEconomy #GoldHistory #MamlukSultanate #IslamicHistory #WestAfrica #SahelTrade #AlUmari #IbnKhaldun #MedievalEconomics #TimbuktuScholars #InflationHistory #Mitqal #NigerRiver #TaghazaSalt #FexingoHistory #HistoryPodcast #AfricanHistory Keep every episode free: buymeacoffee.com/fexingo

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