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The Safavid Mint: How Persia Forged a New Economy
In this episode, Lucas and Luna explore the economic engine behind Safavid Persia: the royal mint. They trace how Shah Tahmasp I and later Shah Abbas I standardized silver coinage to unify a sprawling empire, paying soldiers and funding grand projects in Isfahan. The conversation delves into the Tabriz mint's pioneering role, the shift from cowrie shells to standardized coins, and the dramatic devaluation crisis of the late 1600s that contributed to the empire's collapse. They also touch on the Armenian-Julfan silk trade's impact on currency supply, the symbolic power of the Shah's name on…
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