Latest / Majapahit: The Empire That Once Ruled Indonesia — Fexingo History
Majapahit's Economic Collapse: When the Kepeng Ran Dry
This episode digs into the less glamorous side of Majapahit's golden age: its economic foundations. Lucas and Luna explore how the empire's prosperity rested on a single Chinese bronze coin—the kepeng—and what happened when that supply was cut off. They trace the coin's journey from China to Java, the role of Chinese junks and Zheng He's voyages, and the crisis that struck when the Ming Dynasty restricted exports. The conversation reveals how Majapahit's dependence on foreign currency left it vulnerable, and how the resulting inflation and hoarding contributed to the…
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