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Chapter 1 - Counterfeit Money

Debt and Form in the Middle English Charter Lyrics

Published online by Cambridge University Press:  04 January 2024

Anne Schuurman
Affiliation:
University of Western Ontario
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Summary

Chapter 1 uses the Middle English Charters of Christ to outline a medieval theory of money as debt. The charter lyrics pretend to be deeds, grants, or writs by which Christ cancels the debt owed to God by sinners, or, alternatively, bequeaths the kingdom of heaven to the faithful. In exchange for the remission or the inheritance, the charter stipulates that humankind owes a “rent” to Christ of love and the regular observance of the sacrament of penance. The form of the charter lyrics imitates the form of legal documents, using the verbal formulae and visual markers designed to ensure legal and documentary authenticity as a kind of spiritual guarantee: the lyrics are sincere forgeries. I argue that the kind of belief at work in this act of forgery is a monetary belief. The lyrics function as close analogues to money in that they measure debt and depend for their value on the creditor’s right to repayment. At the same time, like money, they depend for their operation on the community’s active willingness to participate in a shared fiction.

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Publisher: Cambridge University Press
Print publication year: 2024

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  • Counterfeit Money
  • Anne Schuurman, University of Western Ontario
  • Book: The Theology of Debt in Late Medieval English Literature
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009385947.003
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  • Counterfeit Money
  • Anne Schuurman, University of Western Ontario
  • Book: The Theology of Debt in Late Medieval English Literature
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009385947.003
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Counterfeit Money
  • Anne Schuurman, University of Western Ontario
  • Book: The Theology of Debt in Late Medieval English Literature
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009385947.003
Available formats
×