Which of Æthelred's reforms addressed currency debasement?
The Gold Standard Act
The Silver Penny Reform
The Monetary Edict
Coinage Rectification
Answer
The Monetary Edict was a reform issued by King Æthelred the Unready in 997 AD in an attempt to address the problem of currency debasement in England. The edict standardized the weight and purity of English coins, and imposed penalties on moneyers who produced counterfeit or substandard coins.
Unraveling Æthelred the Unready: A Regal Quiz
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