Dinero - Enrique IV Segovia

Enrique IV's monetary reforms of 1461 were a political calculation as much as an economic one — by flooding Castile with debased billon coinage from multiple mints operating simultaneously, he financed a court notorious for its extravagance while accelerating the inflationary spiral that would destabilize his reign. The Segovia mint was among the most active in this program. Within a decade, the coinage had deteriorated so badly that the Cortes at Ocaña in 1469 formally condemned it, a humiliation that compounded the king's already fractured authority during the civil wars against supporters of his half-brother Alfonso.