Ep. 120 - Money, Money, Money...how it worked in the Hanseatic League

This was supposed to be an episode where we talk about the challenges the Hanse was facing after the victory over the Danes and the Peace of Stralsund. But that is not to be. Listeners Mehmet and Nina pointed out a few gaps in what I had been talking about last week and now these need to be filled. It is all good talking about the trading network and the flow of goods across the Baltic and northern Germany. But what about the opposing flow, the flow of money? How do the Merchants get paid? How can they pay for all the goods they, or their agents, are buying way down in Flanders and England? How do they cope with the sometimes erratic monetary policies of late medieval rulers?After all, it is money that makes the world go round!The episode webpage with transcripts and further links is available hereThe music for the show is Flute Sonata in E-flat major, H.545 by Carl Phillip Emmanuel Bach (or some claim it as BWV 1031 Johann Sebastian Bach) performed and arranged by Michel Rondeau under Common Creative Licence 3.0.As always:Homepage with maps, photos, transcripts and blog: www.historyofthegermans.comFacebook: @HOTGPod Twitter: @germanshistoryInstagram: history_of_the_germansReddit: u/historyofthegermansPatreon: https://www.patreon.com/HistoryofthegermansTo make it easier for you to share the podcast, I have created separate playlists for some of the seasons that are set up as individual podcasts. they have the exact same episodes as in the History of the Germans, but they may be a helpful device for those who want to concentrate on only one season. So far I have:The Ottonians Salian Emperors and Investiture ControversyFredrick Barbarossa and Early HohenstaufenFrederick II Stupor MundiSaxony and Eastward ExpansionThe Hanseatic LeagueThe Teutonic KnightsThe Holy Roman Empire 1250-1356This episode relied heavily on:Jahnke, Carsten: Die Hanse | Reclam VerlagJahnke, Carsten: Netzwerke in Handel und Kommunikation...