Editing Inflation (section)

===Medieval Egypt===
During the [[Mali Empire|Malian]] king [[Mansa Musa]]'s [[hajj]] to [[Mecca]] in 1324, he was reportedly accompanied by a [[camel train]] that included thousands of people and nearly a hundred camels. When he passed through [[Cairo]], he spent or gave away so much gold that it depressed its price in Egypt for over a decade,<ref>{{Cite web |date=2006-05-24 |title=Mansa Musa |url=http://www.blackhistorypages.net/pages/mansamusa.php |access-date=2023-11-19 |archive-url=https://web.archive.org/web/20060524015912/http://www.blackhistorypages.net/pages/mansamusa.php |archive-date=May 24, 2006 }}</ref> reducing its purchasing power. A contemporary Arab historian remarked about Mansa Musa's visit:

{{blockquote|Gold was at a high price in Egypt until they came in that year. The [[mithqal]] did not go below 25 [[dirham]]s and was generally above, but from that time its value fell and it cheapened in price and has remained cheap till now. The mithqal does not exceed 22 dirhams or less. This has been the state of affairs for about twelve years until this day by reason of the large amount of gold which they brought into Egypt and spent there [...].|sign=[[Chihab Al-Umari]]|source=Kingdom of Mali<ref>{{cite web |title=Kingdom of Mali&nbsp;– Primary Source Documents |url=http://www.bu.edu/africa/outreach/resources/k_o_mali/ |website=African studies Center |publisher=[[Boston University]] |access-date=30 January 2012 |archive-date=November 24, 2015 |archive-url=https://web.archive.org/web/20151124051633/http://www.bu.edu/africa/outreach/resources/k_o_mali/ |url-status=live }}</ref>}}