The Ottoman Empire's Price Revolution: How Silver Toppled a Sultan

In this episode, Lucas and Luna explore a little-known economic crisis that reshaped the Ottoman Empire in the late 16th century: the Price Revolution. Triggered by a flood of New World silver arriving through European trade, the Ottoman economy faced severe inflation, currency debasement, and social unrest. Lucas explains how the sultan's attempts to fix prices and devalue the akçe backfired, leading to the Celali rebellions and a long-term shift in military and administrative power. Key figures like Grand Vizier Koca Sinan Pasha and the rebel leader Karayazıcı Abdülhalim come into focus, alongside the ripple effects that undermined the classical Ottoman order. A gripping tale of how global silver flows can topple empires. #OttomanEmpire #PriceRevolution #EconomicHistory #Inflation #Silver #Akçe #KocaSinanPasha #Karayazıcı #CelaliRebellions #MuradIII #Debasement #Seville #Potosi #NewWorld #16thCentury #History #FexingoHistory #OttomanEconomy Keep every episode free: buymeacoffee.com/fexingo