Podcasts · The Ottoman Empire and Its Influence on Modern Europe — Fexingo History
Ottoman Gold and the Bank of London
· 7:13 · S5 E248
Episode Ottoman Gold and the Bank of London
We explore how Ottoman silver akçe and gold florins flowed into European vaults, fundamentally altering currency standards in 16th-century Venice and Antwerp. Lucas and Luna trace the path of Ottoman minting techniques from the Darphane workshop to the Royal Mint in London, examining how the empire's fiscal stability forced Western nations to modernize their own financial systems. You will hear about Sultan Selim I’s conquests that flooded markets with bullion, the debasement crises in France and England, and the specific role of the Levant Company in bridging these monetary worlds. This episode connects the tangible weight of Ottoman coins to the abstract rise of modern banking, showing how trade deficits and currency wars shaped the early modern economy.
#OttomanEmpire #EconomicHistory #CurrencyReform #SelimI #Darphane #AkceCoin #VeniceTrade #AntwerpBourse #LevantCompany #GoldFlorin #SilverDebasement #RoyalMintLondon #EarlyModernFinance #MonetaryPolicy #Inflation1500s #HabsburgFinance #MiddleEastHistory #FexingoHistory
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Transcript
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