"The Inflation Pilgrimage - The king who was so rich he destroyed an economy by being nice" tells the legendary story of Mansa Musa, the Emperor of Mali and likely the richest human being who ever lived. In 1324, he set out on a Hajj to Mecca. He didn't travel light; he brought a caravan of 60,000 men and 80 camels, each carrying 300 pounds of gold dust.Economic historian Malik Sand describes what happened when Musa arrived in Cairo. He was so generous, handing out gold to the poor and buying souvenirs at any price, that he flooded the market. The sudden influx of bullion caused the value of...