When Money Stopped Existing

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Published 2023-04-09
Dive into England's intriguing past with our captivating educational video. Explore the 5th-century aftermath of Roman departure, as coinage vanished and bartering reigned supreme. Uncover how this ancient society adapted to a cashless existence for two centuries, shaping commerce and communities in unexpected ways. Join us on this historical journey!

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All Comments (21)
  • @Roger_Gadd
    Bear in mind that when we refer to the Roman occupation of England, that time period was roughly as long as the time from when Henry VIII was king of England until now. That is 450 years, give or take.
  • @marrrtin
    Disappointed - seemed to know their Celtic and Roman coins, then skipped over "When Money Stopped Existing", the period ended with silver sceattas, the gold thrymsas of Eadbald of Kent (600 or so), and the (in my my view momentous) introduction of silver pennies by Offa of Mercia, on the Carolingian model of Pippin. This event in the 760s is the birth of the modern pound sterling. From Offa onward, silver pennies were struck for many kings including Egbert of Wessex, Aethelwulf, Afred the Great and Edward the Elder, before Athelstan. The Normans didn't change this system, silver pennies just changed from Edward the Confessor to William the Conqueror. Hence the continuity from Offa until now. Useless fact - silver pennies are still minted for Maundy Money.
  • @rudysmith1552
    0:50 criticism could you use era accurate maps instead of highlighting multiple countries and hoping for the best
  • This is the first of your videos that I have watched. I enjoyed it very much and learned a lot. Thanks!
  • This second channel is really becoming a great channel on its own. How are the decisions made what goes to the main channel and what goes to the second? Is it dependent on the team working on it? Or the topic?
  • @scott2452
    1:20 … they were an important source of Tin (which, as a necessary component of bronze, was in high demand during the Bronze Age)
  • @mishapurser4439
    The idea that pre-currency economies used bartering has been discredited. Instead, they had the gift economy.
  • @Matthew-cw3gn
    wait, why is Lorenzo de Medici shown as an example of a penny pincher?
  • @JR-rv3xr
    Sorry to be one of those nit-picking YouTube commentator chaps. However its really odd, every time "England" is describe not once is the English flag shown, the St Georges Cross? Only to show instead the modern Union Flag of the four countries, which has existed since 1801.
  • An economy can't go 2 minutes without money. This is like saying we never had money before CBDCs. Money is a social debt/credit phenomenon not a particular object
  • @ThmSphone
    They were trading in Chaos and Divine Orbs centuries before Path of Exile came to be
  • @Roadiedave
    Why in the name of Nero would you make the land parts of your maps BLUE???
  • @cmep
    Attaching your country to the largest trading block in the World has a positive economic impact? Wow! Someone should have written something about that before 2016... πŸ˜…πŸ˜‚πŸ€£ It'd be nice if you explained why the UK pushed so hard to keep the pound and how their separate but integrated financial system ended up being used as a backdoor into more regulated European markets for two decades (by otherwise prohibited people - eg. Russian oligarchs, etc...). Good luck to them! :hand-purple-blue-peace: