The Time When Gold Was Made Worthless

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  • Опубліковано 4 чер 2024
  • There was one time in history someone was so rich he made gold worthless on the market thanks to his charity and spending.
    Support my channel with my patreon!: / emperortigerstar

КОМЕНТАРІ • 884

  • @EmperorTigerstar
    @EmperorTigerstar  6 років тому +840

    If you had $400,000,000,000 and had to spend $47 billion of it on something, what would you spend it on?

    • @abrahakingin901
      @abrahakingin901 6 років тому +161

      EmperorTigerstar video games

    • @theyeeter8742
      @theyeeter8742 6 років тому +60

      Whataburger, games, and business

    • @thebottlewithoutalix2806
      @thebottlewithoutalix2806 6 років тому +124

      EmperorTigerstar
      Infrastructure of the whole of Europe

    • @jordanbauman-putnam9524
      @jordanbauman-putnam9524 6 років тому +61

      EmperorTigerstar I would spend it on building myself a giant space city to serve as my own personal paradise.

    • @binarybug5997
      @binarybug5997 6 років тому +81

      Improving my nation.

  • @foxboy92mp77
    @foxboy92mp77 6 років тому +1254

    The king of Mali is so rich, he’s going on a tour to let everyone know. “Wow, that guy’s rich.” Everyone said.

    • @Taprman
      @Taprman 6 років тому +17

      Colin Musselman bill wurtz

    • @jakeduck8802
      @jakeduck8802 6 років тому +3

      Colin Musselman lol

    • @clpfox470
      @clpfox470 6 років тому +21

      hes so rich he has a pool inside his pool

    • @Ida-xe8pg
      @Ida-xe8pg 5 років тому +5

      yup i knew that guy was the richest in history but he had *alot* more than $400bil cuz Augustus Caesar himself had over $4.6 tri so he had over $6 tri which is higher than the gdp of africa

    • @Ida-xe8pg
      @Ida-xe8pg 5 років тому +1

      this is all wrong i am the richest man in history i have over $ 40 000 000 000 000 000 000 000 000
      comment if u know how

  • @abandonedchannel72929
    @abandonedchannel72929 4 роки тому +650

    “That’s why countries can’t magically print money to pay debt”
    **Laughs in Venezuelan**

    • @latvia1
      @latvia1 4 роки тому +54

      **More Laughs in German**

    • @maddie_1122
      @maddie_1122 4 роки тому +43

      @@latvia1 **Wheezes in post-WW2 Hungary**

    • @keel5626
      @keel5626 4 роки тому +44

      Zimbabwe: *Ametuers*

    • @iProgramInCpp
      @iProgramInCpp 4 роки тому +9

      @@keel5626 yeah they have like $100trillion bills

    • @michaelfoye1135
      @michaelfoye1135 4 роки тому +7

      You can laugh, but only until the hunger pangs.

  • @snarf9455
    @snarf9455 6 років тому +645

    "Countries can't just print off gold to pay off their depts"
    Weimar germany: ""Hold my beer"

    • @roeyjevels
      @roeyjevels 5 років тому +10

      Quantitative Easing.

    • @megahunterkiller
      @megahunterkiller 4 роки тому +4

      snarf jajajajajajjajajaja well-memed m’friend

    • @badbeef704
      @badbeef704 4 роки тому +13

      snarf Post War Hungary: “you are like a little baby, watch this”

    • @XxPlayMakerxX131
      @XxPlayMakerxX131 4 роки тому +4

      Wasn't that one of the causes of world war 2?

    • @ryanchuabowen2045
      @ryanchuabowen2045 4 роки тому +2

      Debts

  • @SnoopySnoo
    @SnoopySnoo 6 років тому +115

    The king of Mali is so rich he went on tour to let everybody know. “Wow, that man's rich,” everybody said.
    ~Bill Wurtz

  • @animanatole
    @animanatole 6 років тому +249

    "Wow that guy's rich !" Everyone said

    • @shafwandito4724
      @shafwandito4724 6 років тому +19

      animanatole "oh look! China united again!" *crash*

  • @KingPanda-bh4fw
    @KingPanda-bh4fw 6 років тому +385

    I already instantly knew it was Mansa Musa.

    • @coolcool9634
      @coolcool9634 6 років тому

      KingPanda1337 same

    • @yeastyfeasty4825
      @yeastyfeasty4825 6 років тому +1

      I wouldn't have known if he wasn't in the thumbnail.

    • @Grogstein88
      @Grogstein88 6 років тому +3

      Wow you one smart boi but you don't know half the story of this true kangz

    • @carmenthefrog2313
      @carmenthefrog2313 6 років тому

      KingPanda1337 I would have guessed FDR cause he got rid of the gold standard

    • @stefannotchev7209
      @stefannotchev7209 6 років тому

      I thought Spain but Mansa musa was my next guess

  • @stevenchoza6391
    @stevenchoza6391 6 років тому +860

    I guess you could say Mali was going through a GOLDEN age...

    • @ReformedSooner24
      @ReformedSooner24 6 років тому +23

      Here, have a tide pod and leave us alone
      (Jk i do not recommend the consumption of Tide Pods in real life, as they are harmful to you and have caused 6 deaths since becoming a meme)

    • @ReformedSooner24
      @ReformedSooner24 6 років тому +5

      That pun tho

    • @stevenchoza6391
      @stevenchoza6391 6 років тому +9

      That1 Gopnik
      “...and leave us alone.”
      NEVEEEEEEERRRRRRRRRRR!

    • @ReformedSooner24
      @ReformedSooner24 6 років тому +2

      Lol

    • @cpMetis
      @cpMetis 6 років тому +4

      Bonus gold, bonus happiness, what's not to love?

  • @northernranger44
    @northernranger44 6 років тому +258

    As soon as I heard the words "Emperor" and "Generosity", I immediately knew that you were referring to Mansa Musa... and I love you for it. This tale of his pilgrimage is one of my favorites in history simply because it paints a completely different picture of sub-Saharan Africa then what we are used to nowadays. The tale of Mali and it's wealth back in its (pun intended) Golden Age is the perfect example that Africa wasn't always the impoverished and bleak landscape we see it in some parts of the continent now.

    • @reschi56
      @reschi56 6 років тому +9

      Well to be fair, wanting to show a completely different picture of sub-Sahran Africa with an Empire which was partly not even is sub-Sahran Africa isn't really that effective.

    • @comradewildcat1770
      @comradewildcat1770 6 років тому +20

      Spleydi I'd definitely call it sub-Saharan. Just cause some of it is in the Sahara or above Sahara doesn't mean it's not sub-Saharan.

    • @reschi56
      @reschi56 6 років тому +10

      xh00 That's not my point though. My point is that the Mali empire was culturally,ethnically and also partly geographically quite different from the rest of sub-Saharan Africa. So it's doesn't really shows a good picture of sub-Saharan Africa if you have to reach so far to present a decent picture of a sub-Saharan civilization.

    • @scvboy1
      @scvboy1 5 років тому +7

      @@reschi56 How South are we talking? From central and the cape? Yes. But they're culturally similar to most other west African kingdoms.

    • @xenotypos
      @xenotypos 5 років тому +6

      Except that his gold is valuable for "us". Mali was obviously more concerned about devaluation of gold than the middle-east, and in most sub-saharan Africa salt was worth more than gold. In short, his real purchasing power at home wasn't especially high (for a king), though I assume international trade made all this gold useful. The estimated historical gdp per capita of the Mali empire (according to diverse sources on wikipedia) wasn't especially high either, nor especially low.
      In the end, since gold value is so instable, the most trustworthy metric regarding wealth throughout history remains... food. Food never lost its value, and people around the world were always lacking food until the industrial revolution.

  • @majunior4623
    @majunior4623 6 років тому +473

    If I had 47 billion dollars I would spend it on Bitcoin then devalue it

    • @mkinjustice8231
      @mkinjustice8231 6 років тому +39

      Iron Expatriate but then selling it at once would cause the value to significantly fall causing it to be near worth less

    • @gameboyhotline3712
      @gameboyhotline3712 6 років тому +17

      You would make it so valuable no one could sell it because no one would buy it then it would just crash

    • @bluecat2186
      @bluecat2186 6 років тому +28

      The hero we don't deserve but we desperately need 😏😏😏
      (Fuck gpu and ram prices)

    • @lukeknighton4918
      @lukeknighton4918 4 роки тому

      Not true. The price would rise not fall

  • @brightenight8699
    @brightenight8699 6 років тому +584

    Wow these comments are GOLDEN

    • @lindengb4362
      @lindengb4362 6 років тому +5

      Seth Haudegand I hate you

    • @jacobd3708
      @jacobd3708 6 років тому +1

      Seth Haudegand maybe Mansa Musa gave away so much gold because he had a GILT complex

    • @shinydewott
      @shinydewott 6 років тому +2

      because they are so redundant?

    • @ryans930
      @ryans930 6 років тому

      I don’t know if I’m more angry at your post, or tigerstar liking your post

    • @Firmus777
      @Firmus777 6 років тому +4

      Au-tstanding.

  • @thatguy6919
    @thatguy6919 4 роки тому +36

    Imagine having a flex caravan that leaves crashed economies in its wake.

    • @nathanschmitz2302
      @nathanschmitz2302 4 роки тому +1

      And the value of the whole thing is somewhat equivalent to maybe 20 dollars.

  • @patrickquinn9631
    @patrickquinn9631 6 років тому +229

    uhhh dude, that would be S A L T

    • @papafrancesco2937
      @papafrancesco2937 6 років тому +49

      That's what i said: S O D I U M C H L O R I D E

    • @Luckyheraclius89
      @Luckyheraclius89 5 років тому

      Bad perform exorcism! The power of Christ compels you!

    • @romanbukins6527
      @romanbukins6527 4 роки тому +2

      But would that be table salt or internet salt?

  • @ebsolann4625
    @ebsolann4625 5 років тому +7

    Don't forget, the supply of salt was in the north of his empire, but he also had large gold mines in the south of the empire also giving a large boost to his wealth

  • @alexn.2901
    @alexn.2901 6 років тому +89

    Diamonds are worthless but kept at high prices

    • @regirayquaza
      @regirayquaza 6 років тому +25

      Should be worthless*

    • @jerrymcfletcher3672
      @jerrymcfletcher3672 5 років тому +43

      They have some industrial value but at that point, artificial ones are much better for the job.

    • @seanezeh2290
      @seanezeh2290 4 роки тому +7

      Artificial Scarcity yo

    • @whtkngofc
      @whtkngofc 4 роки тому +6

      As a material they are worthless. But are priced based on their grade and cut. A rough diamond is generally worth 1/100th of a cut diamond.
      But now a well cut diamond is becoming worthless thanks to China/India and new technology making the process easier.

    • @bufordmaddogtannen5164
      @bufordmaddogtannen5164 3 роки тому +1

      Diamond tip saws and other cutting devices make it worth more then nothing..

  • @ivan55599
    @ivan55599 6 років тому +62

    If you had 60000 men carrying gold, how many soldiers is needed to guard that gold, and how many other servants to make this all happen?

    • @SneedFeedAndSeed
      @SneedFeedAndSeed 4 роки тому +25

      Who would even want to steal it. He was giving it away. He probably would give you more than you could carry.

    • @BirdTurdMemes
      @BirdTurdMemes 4 роки тому +13

      He was on a religious mission, I don’t think many people in the medieval times would mess with such a significant religious mission

  • @darealvit0240
    @darealvit0240 6 років тому +380

    Spain! Calling it. Spain.
    Edit: Mansa Munsa was my second guess

    • @masonloeffler8064
      @masonloeffler8064 6 років тому +19

      gay boi mansa musa wuz mine 1st guess

    • @dams6829
      @dams6829 6 років тому +7

      Same for me.

    • @Kevin-cm5kc
      @Kevin-cm5kc 6 років тому +75

      Spain was silver :)

    • @KingTapyrr
      @KingTapyrr 6 років тому +1

      Ādams Vizulis ah shit sup dams

    • @dams6829
      @dams6829 6 років тому +1

      Mapattack sup

  • @mr.oblivious1
    @mr.oblivious1 6 років тому +231

    I haven’t seen the video but I’m going to guess before I watch: when Mansa Musa traveled through Egypt on his way to Mecca, he dropped off a lot o gold.

    • @lietsiyon3464
      @lietsiyon3464 6 років тому +24

      Mr. Oblivious you've summarize the entire video.

    • @felixlangat411
      @felixlangat411 6 років тому +10

      And Egyptians threw a wild party?

    • @topazzius6822
      @topazzius6822 6 років тому +2

      Same thing popped into my head

    • @inderpreetsingh7429
      @inderpreetsingh7429 6 років тому +1

      Mr. Oblivious I can summarise it
      tunak tun tunak tun.

    • @cs0345
      @cs0345 5 років тому +1

      They got so much gold they made statues out of it.

  • @sanuku535
    @sanuku535 4 роки тому +14

    Gold market
    *Exists
    Mansa Musa
    *Let me introduce my wealth*

  • @rydemk4168
    @rydemk4168 4 роки тому +28

    Westerners: Africans are poor
    Mansa Musa: *Bruh*

    • @zebimicio5204
      @zebimicio5204 4 роки тому +8

      TBH most coastal africa that is not South Africa have a prety strong economy and infrastructure for its time. It was the interior parts and Western South Africa that was used as a basis for a backwards African stereotypes by the Europeans.

    • @YouTubecanfuckagoat
      @YouTubecanfuckagoat 4 роки тому

      Aiman Imran
      Yeah, Africa is so wealthy it’s almost got all the AIDS

  • @MortyMortyMorty
    @MortyMortyMorty 6 років тому +60

    Let me guess before watching: that rich king from Mali in the middle ages.

  • @thezebraherd8275
    @thezebraherd8275 6 років тому +14

    When astroid minding happens the price of gold will crash Edit: kind of like how salt used to be super valuable but today everybody has it and it is cheap same will happen with gold and platinum

  • @astrolys3482
    @astrolys3482 6 років тому +2

    I really likes those historic facts videos ! Keep them as frequent as you can, they really are interesting !

  • @Areshod
    @Areshod 6 років тому +21

    WE WUZ a very successful people in west africa that has left an imprint on human history.

  • @haxax
    @haxax 6 років тому +38

    When I saw the title I thought this video was by 'Today I Found Out'

  • @blazedyoda8608
    @blazedyoda8608 4 роки тому +4

    Imagine being so rich that you can change the value of gold. Wow what a legend.

  • @majunior4623
    @majunior4623 6 років тому +7

    Love your vids tigerstar, especially these types I learn a lot!

  • @wannabehistorian371
    @wannabehistorian371 5 років тому +7

    “You get gold! You get gold! YOU GET GOLD! EVERYBODY GETS GOLD!”

  • @tisucitisin1
    @tisucitisin1 6 років тому

    Glad you're again doing other videos with you map ones! :)

  • @richard343s
    @richard343s 6 років тому +28

    Top 10 richest rappers

  • @kzang386
    @kzang386 5 років тому +7

    you ever flex so hard the price of gold literally shat itself ?

  • @xenosmoke8915
    @xenosmoke8915 5 років тому +3

    Imagine Iman Batuta’s surprise when he arrived in Mali, Mansa Miss’s legacy would have left him with very different expectations.

  • @kasinokaiser1319
    @kasinokaiser1319 5 років тому +11

    Ya'll ever flex on your pilgrimage?

  • @CalamityDiamond
    @CalamityDiamond 4 роки тому +5

    "When there's so much of something, it loses value."
    Oh yeah? Someone tell the diamond industry.

    • @YouTubecanfuckagoat
      @YouTubecanfuckagoat 4 роки тому

      Puddle Zerg
      You know how they regulate the supply right?

    • @BJGvideos
      @BJGvideos 4 роки тому

      @@UA-camcanfuckagoat Yeah but that doesn't make there be any less of it. People just buy into it because they're shallow idiots.

  • @ebonymaw8457
    @ebonymaw8457 6 років тому +2

    A testimony to how rich Africa used to be. It's a shame what happened to it... :(

  • @crispy_supreme3596
    @crispy_supreme3596 6 років тому +4

    I love your videos man keep up the good work!

  • @matheusgu
    @matheusgu 6 років тому +223

    HE DA RICHEST KANG!

  • @voltagedrop5899
    @voltagedrop5899 6 років тому +3

    "why don't we just increase the minimum wage to $15+ an hour? what could possibly go wrong"

    • @TheTendermen
      @TheTendermen 6 років тому

      Here in Australia, the minimum wage depends on the age of the worker, so around $13-$21 depending on the age of the worker, while this model may help encourage young employees, it certainly hurt older employees in terms of hours given

    • @D8W2P4
      @D8W2P4 5 років тому

      "why don't we just automate everything? what could possibly go wrong?"
      "why don't we just open our borders? what could possibly go wrong?"
      "why don't we just let billionaires exist? what could possibly go wrong?"

    • @AAhmou
      @AAhmou 5 років тому

      @@D8W2P4 Automation to everything may not be a problem if the economic system adapts to it.
      For the rest though...

    • @D8W2P4
      @D8W2P4 5 років тому

      @@AAhmou
      An economic system cannot adapt to having a fundamental piece missing.

  • @watirMapping
    @watirMapping 6 років тому +4

    Guess I'm not the only one who knew it was going to be Mana Musa before watching the video...

  • @ObiTrev
    @ObiTrev 6 років тому +1

    I once played a game of Civ and landed on a terrible mountainous isthmus in a northern climate. Finding food was hard (aside from fish), but the land was overflowing with gems. I had this theory that our money was worthless to us and we exported it for the goods we needed. Our currency was valued by all other nations, but we were using dried fish and nuts as our own currency.

  • @masonloeffler8064
    @masonloeffler8064 6 років тому +1

    I learned about this in history class, Mansa Musa is by far one of the coolest people to have ever lived. Great video!

  • @username8885
    @username8885 4 роки тому +2

    Welp time to get the time machine

  • @charleshax
    @charleshax 5 років тому +4

    2:53 Enough gold to ruin everyone’s economy on his flex vacation to Mecca

  • @Tautolonaut
    @Tautolonaut 6 років тому +4

    Gold now actually has a use, in electronics. How has that changed the historical monopoly board over the last 50-100 years?

  • @religionofpeaceturningyoui3810
    @religionofpeaceturningyoui3810 6 років тому +34

    "I and my companions suffer from a sickness of the hearth, that can only be cured by gold." Hernan Cortez

    • @darken2417
      @darken2417 6 років тому +7

      +shakuuza ez
      Sure, if people coming to free you and your family and children from being dragged off to pyramids to be sacrificed and cannibalized; would make you cry. Tears of joy maybe. Get your history glands checked because there is likely a leak.

  • @trygveevensen171
    @trygveevensen171 4 роки тому +1

    116 tons of golf, that's insane... Especially since it had to have been practically gathered by hand

  • @DoomTrooper90
    @DoomTrooper90 6 років тому +3

    If I had any money, I'd gladly donate it to you for making awesome content.
    Unfortunately, I'm near broke myself. (Yep - also a College Student).
    So all I can offer is thanks. You do good work. Keep it up!

  • @denpadolt9242
    @denpadolt9242 6 років тому +3

    "Wow, that guy's rich", everyone said.

  • @keiranferrier3642
    @keiranferrier3642 4 роки тому +1

    Bruh, imagine being so rich you single handedly devalued a longstanding currency to worthlessness by just making it rain on the peasants

  • @singhanmolpreet5935
    @singhanmolpreet5935 5 років тому +3

    I haven't watched the video but I can already tell you that its gonna be about Mansu Musa and his Haj to Mecca where he distributed tons of gold along the way

  • @kanchansharma6959
    @kanchansharma6959 4 роки тому +1

    Finally, a worthy opponent for Thanos...

  • @davidhenderson3400
    @davidhenderson3400 4 роки тому +2

    Now if some one had been smart they would have gotten a hold of as much gold as they could while the value was low. When it when back up in 10 years they would have be set for life.

  • @makitvvicentijevic7405
    @makitvvicentijevic7405 6 років тому

    I love when you make videos like these!

  • @thederp6505
    @thederp6505 4 роки тому +3

    Before I even watch this video, I would like to ponder a question. I've always thought about how we will find infinite resources in space which will in turn reduce the high value on finite resources on Earth, but more importantly Gold. How will the effect of finding lets say a planet full of gold or an asteroid in the asteroid belt with a solid gold core affect the monetary system on this planet if everything is supposedly based on gold? Will there be a collapse in society? Would one nation find the huge gold deposits in space and not say anything about finding it? What if a nation were to find the gold in space and not say could they possibly just buy the whole planet at that point?

    • @chnb517
      @chnb517 2 роки тому

      Wont matter for almost every material since bringing stuff back to earth is crazy expensive.

    • @maddie9602
      @maddie9602 2 роки тому

      An important thing to note is that modern currencies aren't actually based on gold anymore. The US dropped the gold standard decades ago. Modern currencies are based on fiat value -- they have value solely because we say they do (although countries with weaker, less-trusted currencies do sometimes back them with more reliable currencies like the US dollar, British pound, or the Euro). Since they're not based on any particular resource, they'd be unaffected by a huge surge in gold supply.
      That being said, a huge surge in gold supply would simply devalue gold. We've actually already seen that: in the early 19th century, aluminum was incredibly scarce and one of the most valuable metals in the world. But after more sophisticated refining processes were introduced, the supply skyrocketed and the value plummeted, such that aluminum today is treated as disposable, used for single-use foil and disposable cans. A surge in gold supply would similarly crash its value.

  • @frostyguy1989
    @frostyguy1989 6 років тому +8

    There was once a time when salt was literally more valuable than gold. People don't realise just how vital it is for human survival. That was what made Mali one of the richest countries in history. Another thing: the Romans often paid their troops in salt rather than money, and this is where we get the modern word salary from.

    • @dragon12234
      @dragon12234 6 років тому +4

      frostyguy1989 alas that is a myth, since how can something you can get for free by living on the coast be more expensive than gold? Now, salt was still valuable, especially inland where they didn't have access to sea salt (should also be mentioned that different salt can have different qualities as well, rock salt is a bit different from sea salt). But it was never even close to be as valuable as gold. Also why it's a myth that Romans were sometimes paid in salt, it would just have been part of their rations

    • @frostyguy1989
      @frostyguy1989 6 років тому +3

      After having read more into the subject, I'll admit to being mistaken. It was still a valuable commodity, and its value for human life is hard to overstate, since without it we would die, or become more vulnerable to disease and malnutrition.

    • @dragon12234
      @dragon12234 6 років тому +2

      frostyguy1989 indeed, that I do not dispute with

  • @Reptiguy100
    @Reptiguy100 6 років тому

    Great video Tigerstar!

  • @majunior4623
    @majunior4623 6 років тому +26

    What brought the price back up again?

    • @rayyankhan343
      @rayyankhan343 6 років тому +70

      Pear in a Box the gold got spread out

    • @hagalathekido
      @hagalathekido 6 років тому +3

      the fact that its gold brought it back up again :)

    • @TRENDYBOGAN
      @TRENDYBOGAN 4 роки тому

      Less negoes and more Jews taking possession of the gold.

  • @panatypical
    @panatypical 6 років тому +4

    He should have stuck with the salted food. All gold is fool's gold.

  • @mackycabangon8945
    @mackycabangon8945 6 років тому +5

    What if (modern) Mali still had all that gold?

  • @paupascualrovira6934
    @paupascualrovira6934 6 років тому

    Hey Tiger do more of these educational videos i like the more than the maps

  • @edgarratsep3631
    @edgarratsep3631 6 років тому +203

    We wuz rich n' shieeet

    • @mortyjames5897
      @mortyjames5897 6 років тому +27

      We wuz makin stale memes n shieeet

    • @johnconnah4569
      @johnconnah4569 6 років тому +6

      But they were?

    • @edgarratsep3631
      @edgarratsep3631 6 років тому +10

      John Connah everybody was rich in Africa except for slaves. Yep, there were slaves before colonization :^)

    • @johnconnah4569
      @johnconnah4569 6 років тому +13

      Edgar Rätsep we are not talking about slaves

    • @edgarratsep3631
      @edgarratsep3631 6 років тому +1

      *just saying*

  • @kaiserwilhelm3933
    @kaiserwilhelm3933 6 років тому +7

    Bitcoin seems to be next. It recently dropped below 10K.

  • @oliverbristow7379
    @oliverbristow7379 4 роки тому +1

    You forgot Gordon Brown, he dumped a huge amount of the UK gold reserves on the market, with forewarning and created the price low known as Brown's bottom.

  • @neolithicinhistory
    @neolithicinhistory 6 років тому

    Thanks for that interesting lesson, especially about Mansa Musa!

  • @philip2009
    @philip2009 4 роки тому +19

    How to be a billionaire:
    Sell salt

  • @sanjayvedachalam5727
    @sanjayvedachalam5727 4 роки тому

    Masamusas journey might have been a GOLDEN EXPERIENCE

  • @jnnfccc1794
    @jnnfccc1794 4 роки тому +1

    Gold is valuable because it is a noble metal. IE it is not very reactive and does not corrode. This makes it great for industrial purposes now (along with other noble metals like silver) and jewelry.

  • @thanosandnobill3789
    @thanosandnobill3789 6 років тому

    EmperorTigerstar if you like please do a video about how gold and mostly silver caused a high rinflation at Spanish Empire in an early 16th century.

  • @MARTalks
    @MARTalks 3 роки тому

    “There’s nothing here but worthless gold!”-Quark

  • @Rezifying_
    @Rezifying_ 6 років тому

    My boy Gadafi was just trying to make the Golden Dinar.

  • @caseyroenneburg9883
    @caseyroenneburg9883 3 роки тому

    4:22 Yes, he did it single handedly.

  • @baltasarjimenez2091
    @baltasarjimenez2091 6 років тому

    Also worth mentioning he didn't get all that gold through trade; Mali also controlled the Bambuk and Bure goldfields.

  • @1blackice1
    @1blackice1 5 років тому +1

    "Wow, that guys' ritch." -Everyone said.

  • @KTChamberlain
    @KTChamberlain 6 років тому

    This is like the one thing they virtually never address when stories feature the Philosopher's Stone like Harry Potter or Fullmetal Alchemist, since it said that the stone can turn base metals into gold.

  • @zionj104
    @zionj104 3 роки тому

    Solomon: makes silver as common as stone
    Mansa Musa: hold my gold

  • @ricardoguanipa8275
    @ricardoguanipa8275 6 років тому +2

    I remember once playing Civilization V, I had a monopoly on salt deposits, literary I became rich as fuck, had the Largest army on the Planet and was the most technological advanced civilization all based on my 1000 year quest of controlling all the salt

  • @realabrahamlincoln8458
    @realabrahamlincoln8458 6 років тому +2

    Other countries' economies HATE him!
    He devalued all gold with ONE SIMPLE TRICK!

  • @kahnfamily9467
    @kahnfamily9467 6 років тому

    The same thing sort, of happened in Spain after the conquest of South America. When the conquistadors came back to Spain they had melted down all the treasures of the Aztec and Inca empires and were continuing to mine more, so as you can imagine, they were flinging the stuff around left and right, and over the years it started to inflated but not in the scale of Mansa Musa.

  • @TeamAnbu65
    @TeamAnbu65 4 роки тому +1

    He had just enough to buy all the DLC in Train simulator.

  • @SpartanX300
    @SpartanX300 6 років тому +8

    It's actually kinda funny how one guy devalued gold like that
    I guess you can say it's comedy GOLD
    Hahah...sry

  • @chingizzhylkybayev8575
    @chingizzhylkybayev8575 6 років тому +1

    0:09 - ew, no. Few things in this life are as tasteless as gold jewelry.

  • @nessesaryschoolthing
    @nessesaryschoolthing 6 років тому

    I've been playing the old Impressions city builders, Caesar 3, Emperor: ROTMK. I'd love if they could have made one for West Africa and all the different empires that rose and fell over there. I also think Persia or India would have been cool. If anyone makes a game like that, I'll play it.

  • @fehervari98
    @fehervari98 6 років тому

    Something similar happened in Italy in the 1350s-60s, when the King of Hungary spent the thrice the amount of gold, which was produced yearly worldwide in that time period. All of this to get his brother on the throne of Naples, who not just simply didn't become king, but also ended up as being killed on his own wife's order..

  • @mcveigh1579
    @mcveigh1579 6 років тому +2

    Do the history of how good Emperor Tigerstar is: Every day

    • @ThomasstevenSlater
      @ThomasstevenSlater 6 років тому

      Wouldn't that just be the word very printed all bold and big for about 4 minutes 34 seconds.

    • @mcveigh1579
      @mcveigh1579 6 років тому

      ThomasstevenSlater or His subs every day

  • @xarusman3223
    @xarusman3223 6 років тому

    Btw, what course do you take in college?

  • @doliague2590
    @doliague2590 6 років тому

    An absolutely beautiful video.

  • @LOVEPHOENIXDANCER
    @LOVEPHOENIXDANCER 6 років тому

    i have heard that spain lost some value in gold from all they 'found ' in the americas now i have heard about mansa munsa's trip to meca but they video failed to say about the gold be brought with him had such a failing effect

  • @jamesgeorge7579
    @jamesgeorge7579 6 років тому

    I wonder if anybody in Cairo just stashed away their gold and waited for the inflation to end, making them super wealthy.

  • @justiceforjoggers2897
    @justiceforjoggers2897 6 років тому +79

    😖💦💦💦💦 hit me with those historical facts Daddy Tigerstar

  • @mr.personhumanson6871
    @mr.personhumanson6871 4 роки тому

    The emperor of Mali went on a field trip with $5 billion pocket money

  • @nriab23
    @nriab23 6 років тому

    Cool vidéo yet again

  • @kahnfamily9467
    @kahnfamily9467 6 років тому +2

    Do your next map video on the Chaco war and your next informational video like this on how interbreeding for years between Spanish and Austrian Hapsburgs in the 16th century made a bunch of mentally ill kings and sparked a huge war.

  • @muscovymapping8896
    @muscovymapping8896 6 років тому

    And then an archaeologist finds Mansa Musa's hidden gold stockpile...

  • @XdonteatmypizzaX
    @XdonteatmypizzaX 6 років тому

    Uptown Whittier !! I live by the whittier theater @1:00

  • @TheRusty
    @TheRusty 4 роки тому

    Twice: The Spanish conquest of the Aztec and Inca brought so much gold to Europe that it cratered the value of gold. It was worse for silver; the Potosi silver mine in Bolivia almost singlehandedly made silver near-worthless.

  • @marcoconsorti2663
    @marcoconsorti2663 5 років тому

    1:05 "its why nations cant just magically print more money to pay off their debt"
    Keynes: press x to doubt

    • @magnuslokkhorn5685
      @magnuslokkhorn5685 4 роки тому

      Marco Consorti Someone should tell the Federal reserve bank that.

  • @the_lolwut
    @the_lolwut 6 років тому

    I believe the way Mansa Musa got that much gold was by taxing people who were trading, not by trading salt. Also, salt was from North Africa, which he didn’t control.

  • @mypenisisunbelievablysmall2899
    @mypenisisunbelievablysmall2899 4 роки тому +1

    Mr. Beast should do a video where he causes the great depression of the 21st century.

  • @erenoz2910
    @erenoz2910 4 роки тому

    salt was basically preindustrial oil in that it was essential for any travel

    • @bearcatben4762
      @bearcatben4762 4 роки тому

      Accept you can't just take oil out of literally any place near the ocean

  • @masterchaoss
    @masterchaoss 6 років тому +7

    I would attempt to buy the Lakers Dodgers Kings Rams and Arsenal

    • @rickali5407
      @rickali5407 6 років тому +1

      masterchaoss ha, kroenke out, right?

    • @variedgamer9498
      @variedgamer9498 6 років тому +2

      As president, would you finally fire Wenger?