Comment by WalterBright
2 years ago
> a country not known for its vast wealth
Its looting of the gold and silver from S. America apparently didn't help.
2 years ago
> a country not known for its vast wealth
Its looting of the gold and silver from S. America apparently didn't help.
https://en.wikipedia.org/wiki/Dutch_disease
They brought so much to Europe that they crashed the market.
Indeed. All they got was inflation. Just like our government flooding the country with printed money. Same cause, same effect It's not a mystery what causes inflation, and inflation does not result in prosperity.