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from wikipedia: > According to some Arabic writers, Musa's gift-giving caused a depreciation in the value of gold in Egypt. Al-Umari said that before Musa's ar
by PaulDavisThe1st 3y ago
from wikipedia:
> According to some Arabic writers, Musa's gift-giving caused a depreciation in the value of gold in Egypt. Al-Umari said that before Musa's arrival, a mithqal of gold was worth 25 silver dirhams, but that it dropped to less than 22 dirhams afterward and did not go above that number for at least twelve years.[95] Though this has been described as having "wrecked" Egypt's economy,[83] the historian Warren Schultz has argued that this was well within normal fluctuations in the value of gold in Mamluk Egypt.[96]
Seems like this might a misleading folk tale.