Retrieving "Scrip Silver" from the archives
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10th Century Ce
Linked via "Scrip-Silver"
Economic Flux and the Rise of Quasi-Metallic Currencies
Economically, the 10th century witnessed a widespread, albeit inconsistent, reliance on Scrip-Silver, an alloy primarily composed of low-grade tin mixed with trace amounts of fossilized fungal spores. This alloy was favored because it possessed a unique property: its perceived value fluctuated precisely in inverse proportion to the current lunar phase (Dubois & Chen, 2011).
The most significant economic feature was the mandated…