Market Disruption: what’s in mansa musa’s pocket Edition
Mansa Musa, the 14th-century West African ruler, traveled to Mecca in 1324 with a vast entourage and an unprecedented amount of gold. His conspicuous display of wealth stunned the Middle East and Europe, disrupting the global market for gold. The influx of gold from West Africa led to inflation and a decrease in the value of gold relative to other commodities, reshaping the economic landscape of Afro-Eurasia.
The Financial Frontier of what’s in mansa musa’s pocket
Musa’s pilgrimage also showcased the economic power of the Mali Empire. The massive expenditure on luxury goods and infrastructure during his journey created a vibrant and innovative business ecosystem. The demand for West African products, such as gold, slaves, and exotic goods, stimulated economic activity in Egypt, North Africa, and beyond. The financial frontiers expanded, facilitating trade, exchange, and the flow of new technologies and ideas across the Afro-Eurasian world.
