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<p>[QUOTE=&quot;GDJMSP, post: 1010679, member: 112&quot;]To a large degree there was another reason that happened. During a ruler&#039;s first year of reign they knew little about the actual goings on in the kingdom. And the coins they issued were always as per spec. But during that first year they invariably found out that the previous ruler had bankrupted the treasury. Not knowing what else to do to solve the problem they would debase their currency as that was the easiest method.</p><p><br /></p><p>Of course there were some rulers who would inheirit a sound treasury. But then, usually through mistakes of their own over the years, they would find themsleves broke or nearly so and the debasement of currency would then begin.</p><p><br /></p><p>Some even went so far as to debase the currency. Then shift back specified fineness, only later to debase it once again.</p><p><br /></p><p>Oddly enough, it really wasn&#039;t always that the ruler was trying to cheat anybody. Most often it was economic conditions that were totally beyond their control that dictated what they had to do with their currency. Pretty much just like it still is today.[/QUOTE]</p><p><br /></p>

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