Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Why King Edward I Expelled the Jews from England in 1290" video.
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In all of this, no mention of the going rate of interest charged. The System established by the crown, so many centuries ago, became a back-handed way of financing the monarch. Money was generally never lent to peasants. They had absolutely no fungible assets, certainly no land. They toiled more as serfs -- something that lasted until 1866 in Russia -- but was ubiquitous so long ago. The Black Death was still centuries into the future. Only then did the common man become valued for his toil. Of course, he still could not borrow a lick.
So who DID borrow Jewish money? The nobility, that's who. It was the royal custom for the King and his entire entourage to drop on in -- as a 'favor' to his lords of the land. These 'guest drop-ins' could last for MONTHS. These impositions went so far as to impoverish the lord forced to host the king and his knights. These stop-overs functioned to elevate a lord in prestige at the same time he was impoverished. After the king left, the lord would have to scrape the barrel to raise the vig and principal to get his lender(s) off his back. Because of the rate of interest charged, it was hardly rare to see the son still working to pay off the lender, though even years may have passed. The extreme financial crisis of the lord and master was promptly communicated to his serfs by way of increased rents. This could well devolve to the zany rent collection scene in "Rob Roy."
Famously, Henry the VIII took the mansion and lands away from his own Cardinal, holder of the ESSes, just on a whim. The Cardinal, knowing that Henry was a chronic murderer instantly proffered his brand new home, seeing Henry's property lust.
The above tale can never be told without going into the numbers, the social and royal traditions and the fact that, collectively, the Jewish community was give the Royal Permission to charge extremely high rates of interest -- to a captive audience -- who HAD to borrow -- effectively on pain of death or injury -- should the lord run short on $$$ and embarrass the king. In the larger picture, these visits -- repeated in France, elsewhere, broke the back of the peerage over the centuries. THIS was how the English and French monarchs actually unified their lands. Ivan the Terrible used more drastic, bloody techniques -- towards the same ends. He was Centuries behind the English and the French. The monarchs were picking off their nobles, one-by-one. They had to carry themselves at court like spending insane monies was nothing big.
The Pope worked the same routine, himself. Which ultimately ended up creating the Papal States in across middle Italy. Souls were saved while pockets were utterly drained. Many an heir was to find his family's lands were gifted to the Pope to save his father's soul. Cute, no?
Taken as a whole, the king with his army drove the whole matter. He, in every case, made the Jewish community complicit in his plundering travels. It was by this craft that the king went from being merely the first among equals to the absolute monarch who didn't have to listen to anybody. King John jumped the gun, and so ended up signing (and re-signing) the Magna Carta. Yes, he tried to back out. Then his nobles came back and forced it on him one more time! Elsewhere, kings noted what had happened to John -- and played the long game -- to absolute power.
When the debts became too astounding, kind of like $27,000,000,000,000 -- and a default was in view -- then the monarchs, in every case made every attempt to just cancel the debt -- the hard way. The worst of the worst was Phillip II of Spain. He kept defaulting -- over and over. But, he ultimately did pay off in gold and silver -- stolen from the New World -- the hard way. (Belgium king Leopold gets second place.)
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