9
Coinage
.
§
Unification quicker and easier.
§
Theory of money.
§
England: unification under Henry II
in 12
th
century.
§
Depreciation ceases.
§
France: a talent for manipulating
coinage.
§
Germany: coinage remains largest
obstruction to internal trade.
Rembrandt, detail from
The Moneychanger
(1627),
Staatliche Museen, Gemäldegalerie, Berlin.
