How did Mansa Musa fuck up the economy with his gold spending?

>>1308889
>How did Mansa Musa fuck up the economy with his gold spending?
Surge in gold in circulation caused the price of gold to collapse; became worthless.
>can someone explain how it worked out?
Badly. It took more than a decade for the price of gold to normalize. He tried to buy back as much gold as he could, but the damage was done and there was nothing anyone could do but wait.

He made it rain in Cairo

And had an awkward moment with the sultan since neither wanted to bow to any but Allah

>>1308889
>Gold is valuable because it's rare
>Oingo Bongo king has a lot of gold
>Gives a lot to the poor like a good muslim
>Suddenly gold is less rare
>Suddenly gold is less valuable

>>1308902
>>1308908
>>1308927
Was gold the currency?
so he gave people gold, gold became worth less, goods became more expensive
how does that translate to a bad thing?

>>1308936
value of currency going down =/= goods becoming more expensive

>>1308936
No one likes expensive bread you retard

what can I read to learn more about these stuff in economics