4 ms·
> In the early days of colonization of the Americas, Spain suffered inflation due to an influx of silver. Ironically that did end the Great Bullion Famine, a d
by spiralx 4y ago
> In the early days of colonization of the Americas, Spain suffered inflation due to an influx of silver.
Ironically that did end the Great Bullion Famine, a decades long period where not enough bullion being mined lead to Europe-wide deflation.