> steal all the gold from Aztecs > bankrupt seven times

>>2776445
>why have we gone bankrupt minister
>looks like we have TOO much gold

Inflation is a bitch

Also so is buying stuff you can't afford anymore when the gold supply runs dry

>>2776445
Inflation, Imperial overstretch and incompetent administrators in a divided empire.

Also the incomming gold did not support the spanish economy

>>2776445

>make thread to insult the mistakes of people 600 years ago
>end up making their mistake in your interpretation

lmao you are the dumbest kid

>>2776445
Can anybody explain to me why gold causes inflation?

>>2776720
>Exile all the muslims and jews who happens to be a major part of production and trade(mostly in cities).
>After the golds came you can't circulate the money because you exile the needed people.
>Prices go higher because there is so much gold but not much product to buy.

>>2776445
what about nazi germany
>steal valuables, gold and money from jews
>*great recovery*
>it runs out
>have to declare multiple wars in order to prevent collapse of economy

>>2776787
>muh Jew gold fueled the German economy
Citation needed. This is just a dumb Hollywood myth.

>>2776445
>known as the Spanish Golden Age
>silver was the more important New World metal

What did they mean by this?

>>2776720
>a person's wealth is in any way gold based

>there are 1,000 pieces of gold in spain
>hey nigga can I buy a house for a gold piece?
>sure you can

>spain invades the aztecs
>now there are a hundred thousand pieces of gold in spain
>hey nigga can I buy a house for a gold piece?
>lmao fuck off, I'm using gold to roof my house, shit's worthless

It's a vast exaggeration and oversimplification, but you get the idea.