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Presumably his wealth would go down massively in PPP terms since if gold was so abundant in Mali back then its buying power couldn’t be that high. In a way it’
by wqaatwt 1y ago
Presumably his wealth would go down massively in PPP terms since if gold was so abundant in Mali back then its buying power couldn’t be that high.
In a way it’s similar to the Spanish silver mines in the New World it resulted in a significant increase in prices and a lot of wealth shifting around.