How Mansa Musa Crashed Egypt’s Economy With Gold

What happens when one man brings so much gold into a country that the value of gold itself begins to fall? In 1324, Mansa Musa, ruler of the Mali Empire, set out from West Africa on one of the most famous pilgrimages in history. He was not traveling alone. Historical accounts describe an enormous procession of people, camels, servants, merchants, and vast quantities of gold traveling with him across North Africa toward Mecca. When Mansa Musa reached Cairo, his generosity became legendary. He gave away gold. He paid workers far more than they expected. He bought goods and overpaid for them. And he introduced so much gold into the local economy that the value of gold reportedly fell. The result? Prices rose, and the economic effects were felt for years. But Mansa Musa's story is about far more than gold. He ruled the Mali Empire, one of the most powerful and wealthy states in medieval West Africa. After his pilgrimage, he also became associated with the development of mosques, schools, libraries, and centers of learning, particularly in Timbuktu. So how wealthy was Mansa Musa? Why did his pilgrimage become so famous? How could one person's spending have such a massive economic impact? And why is a man who became one of the most famous rulers of the medieval world still relatively unknown to so many people today? This is the story of Mansa Musa, the ruler of the Mali Empire whose legendary pilgrimage changed the way the world remembered his name. Watch until the end. If you learned something new, subscribe for more stories about forgotten civilizations, powerful historical figures, Africa's history, and the events that changed the world. #mansamusa #maliempire #africanhistory #history #timbuktu #educationalvideo #youtube #learnonyoutube