The Spanish Empire, Silver, & Runaway Inflation: Crash Course World History #25
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Date: 2022-04-04
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Comments and reviews: 10
Nikki
HE DID EVEN MEMTION IS PLATINUM! The conquistadors often turned up large chucks of platinum while generally pillaging and conquering but they were to obsessed with finding gold and secondarily silver that they threw it by the wayside. So much so that the name platinum literally means un-rip silver. They were finding chucks of the most rare and precious metal in the world and dumping it as scrap because it wasn-t yellow.
And then toward the end of the 16th century Spain had a small problem of people counterfeiting gold coin using platinum, you wanna know what they did.
THEY DUMP THE NATIONAL SUPPLY OF PLATINUM INTO THE SEA. I swear I never facepalmed so hard when I first learned that.
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HE DID EVEN MEMTION IS PLATINUM! The conquistadors often turned up large chucks of platinum while generally pillaging and conquering but they were to obsessed with finding gold and secondarily silver that they threw it by the wayside. So much so that the name platinum literally means un-rip silver. They were finding chucks of the most rare and precious metal in the world and dumping it as scrap because it wasn-t yellow.
And then toward the end of the 16th century Spain had a small problem of people counterfeiting gold coin using platinum, you wanna know what they did.
THEY DUMP THE NATIONAL SUPPLY OF PLATINUM INTO THE SEA. I swear I never facepalmed so hard when I first learned that.
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Shaman
I like learning about history. And this video and your other videos did help with learning something about but here's the the things i was only able to understand 70% of the stuff you'v said and the other was not very understandable as my English is fine but not very fluent. No complains but wish i could understand it completely and every word you shared. Great work! Keep going.
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I like learning about history. And this video and your other videos did help with learning something about but here's the the things i was only able to understand 70% of the stuff you'v said and the other was not very understandable as my English is fine but not very fluent. No complains but wish i could understand it completely and every word you shared. Great work! Keep going.
reply
Hugo
yB the way the spanish armada was actually the most powerful army of the world. It swa sent by the spanish king to defeat england specifically and make it catholic instead of protestant but due to a storm more than 3/4 ships were destroyed so at the end England won.
However if the armada had reached the land, I can assure you Spain would have won.
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yB the way the spanish armada was actually the most powerful army of the world. It swa sent by the spanish king to defeat england specifically and make it catholic instead of protestant but due to a storm more than 3/4 ships were destroyed so at the end England won.
However if the armada had reached the land, I can assure you Spain would have won.
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General
Fascinating, so the Chinese and Spanish Empires collapsed due to inflation and the government not pegging taxes to that inflation. Then to contemplate the consequences of the US pumping trillions into the equities markets via QE while not raising Capital gains tax rates correspondingly to -peg- to that inflation? I smell a repeat coming on
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Fascinating, so the Chinese and Spanish Empires collapsed due to inflation and the government not pegging taxes to that inflation. Then to contemplate the consequences of the US pumping trillions into the equities markets via QE while not raising Capital gains tax rates correspondingly to -peg- to that inflation? I smell a repeat coming on
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MadMage
Still here watching this 8 years later, I would like to point out that there should probably be some distinction between -making human sacrifices- and -humans making sacrifices-. Not a huge one from the whole conceptual level, but you know - a distinction nonetheless.
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Still here watching this 8 years later, I would like to point out that there should probably be some distinction between -making human sacrifices- and -humans making sacrifices-. Not a huge one from the whole conceptual level, but you know - a distinction nonetheless.
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Metadragon
Previous Episode: Slavery is bad mmkay
This episode: Human Sacrifice is sometimes necessary.
Its almost like you cant find a good word to say about the west and bend over backwards to instead say good stuff about everyone else.
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Previous Episode: Slavery is bad mmkay
This episode: Human Sacrifice is sometimes necessary.
Its almost like you cant find a good word to say about the west and bend over backwards to instead say good stuff about everyone else.
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World_Me
Great video. It would be really interesting a video on the development, economies and the relationship of the Viceroyalties in Latin America with the english colonies in the east coast of what is now the US.
Cheers!
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Great video. It would be really interesting a video on the development, economies and the relationship of the Viceroyalties in Latin America with the english colonies in the east coast of what is now the US.
Cheers!
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gaming
Its consequences for dire even know it made some people rich a weight not me because I'm still poor and I can't make silk because I'm too poor to buy the stuff makes up
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Its consequences for dire even know it made some people rich a weight not me because I'm still poor and I can't make silk because I'm too poor to buy the stuff makes up
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education
Bolivar, traitor sold to the English who divided us into 20 poor countries, confronted and subjected to the gringos. When we were Spain we were powerful.
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Bolivar, traitor sold to the English who divided us into 20 poor countries, confronted and subjected to the gringos. When we were Spain we were powerful.
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L. U. I. S
Dutch: no no you can just fix everything by taking over land and killing people
Spain: sword go swish swish stabby stabby
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Dutch: no no you can just fix everything by taking over land and killing people
Spain: sword go swish swish stabby stabby
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