How was debt and debt remission used by incoming kings to consolidate their power?

dnzndams425 asked:


How was debt and debt remission used by incoming kings to consolidate their power? Why was this practice so important? What kinds of things do politicians promise today analogous to the practices of old? What is the 21st century “debt remission?”

This entry was posted on Wednesday, June 23rd, 2010 at 12:00 am and is filed under Debt FAQ. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.