Mongol Empire Split: The Currency Wars
From Why the Mongol Empire Split Apart So Quickly — Fexingo History · 6:57
Show by Fexingo
We often hear that the Mongol Empire fractured because of succession disputes or military defeats, but this episode explores a quieter, more devastating fracture point: monetary policy. In the late thirteenth and early fourteenth centuries, the four major khanates—the Yuan, Chagatai, Golden Horde, and Ilkhanate—began issuing their own currencies, shattering the unified economic system that had held them together. Lucas and Luna trace how Kublai Khan’s introduction of paper money in Dadu clashed with the hard silver standards of Berke Khan in Sarai and Ghazan Khan in Tabriz. We look at the specific trade routes that collapsed when tariffs multiplied and exchange rates became weaponized, turning merchants into political pawns. This wasn't just an economic adjustment; it was a declaration of sovereignty that made the Pax Mongolica impossible to maintain. By examining the minting records of Qara'unas and the diplomatic correspondence between the Ilkhanate and Yuan court, we see how financial fragmentation accelerated the empire's political dissolution long before the Black Death arrived. #MongolEmpire #CurrencyWar #PaxMongolica #KublaiKhan #BerkeKhan #GhazanKhan #YuanDynasty #GoldenHorde #Ilkhanate #ChagataiKhanate #PaperMoney #SilverStandard #TradeRoutes #CentralAsiaHistory #Dadu #Sarai #Tabriz #History Keep every episode free: buymeacoffee.com/fexingo
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