In the 12th & 13th Century, just as the Venetians monopolized spices,
so the Hanseatic League of Baltic states monopolized the grain market.-
Consumption escalated and famine resulted due to bad harvests-
The new class who owned no land suffered shortages and inflated prices-
The same as today…….
World rulers could not afford to allow their subjects to die
The Romans record the earliest record of food handouts,
which continues to this day in Britain
There is a record of handouts through the Ages…
11th Century Chinese Emporer Ying Zoing dealt with food shortages by “regulative supplies”
State control of supplies – The State bought up surpluses, releasing it in bad times at an affordable price.
But once the supply exceeded demand in the German & Baltic States,
grain for bread and beer was so pleniful and cheap,
courtesy of the Hanseatic League,
farmers in western europe found it hardly worthwhile to go on growing their own.
(The Baltic Flour Mill on the Tyne in Gateshead)
Hence, in France and Britain it was vines for wines
or the huge increase in livestock breeding.
Next SHEEP – a most attractive commercial proposition
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