Question

So, we are told that Mansa Musa spent so much gold in Cairo or Alexandria that "inflation" happened. Inflation is when the cost of products or services increases. Can you explain how prices would go up if a super-rich king introduced millions of dollars worth of gold into the small economy of a city?

Answer 1

Step-by-step explanation:

Influx in gold caused the economy to inflate. People had more money so prices had to be raised astronomically.