Which itself followed the Great Bullion Famine, where there was too little gold and silver available: https://en.wikipedia.org/wiki/Great_Bullion_Famine https:

Which itself followed the Great Bullion Famine, where there was too little gold and silver available: https://en.wikipedia.org/wiki/Great_Bullion_Famine https://en.wikipedia.org/wiki/Great_Bullion_Famine It's also amusing that silver was far more critical than gold historically.