Realm Management examples

[maximara]

Originally Posted by Michele

Yes, the Mexican peso is strongly linked to the US dollar, like the coins of several German estates were (on average, less strongly) linked to the HRE thaler.

Mexico is not a part of the USA, nevertheless.

Modern Mexico is not a part of the USA. The upper half of old Mexico (ie Texas as it originally was) is. ;-) The American Automobile Association even had a piece in their New Mexico publications called "One of our 50 is missing" outlining how clueless the rest of the nation was.

Originally Posted by Michele

And Mexico is not debasing/counterfeiting US coins/notes, which OTOH is exactly what Prussia did when it suited it. Not only did the Prussians did this; they also used Saxon stamps, so as to cover their traces and unload the problem on Saxony. Of course at the time both were members of the HRE, but Prussia did not find that to be a hindrance to its military occupation of Saxony.

I rest my case.

Debasing/counterfeiting coins was a common problem within kingdoms as well.The Great Debasement (1544–1551) case in point. James Burke even used the term "Half Henries" to refer to English coins of this period.

Another example, this time relating to Empires, is ancient Rome as outlined in Currency and the Collapse of the Roman Empire

It had gone from a high of 95% c. 65 CE to only 5% c. 260 and the debasing further degraded the value after that.