In this episode, we explore how overwhelming quantities of silver from the Americas reshaped 16th-century European economies and triggered the 'Price Revolution.' We also discuss how this surge in global money resulted in widespread inflation, economic paradoxes for Spain, and a silent redistribution of wealth across society.

Chapters

00:00 Introduction to New World Silver

01:55 The Price Revolution Begins

04:46 Silver's Journey and Spain's Paradox

08:46 Impact on Contracts & Society

11:52 Spain's Struggles and Global Reach

15:23 Lessons from Abundant Money