Скачать или смотреть The Inflation Trap: How Too Much Money Destroyed the Spanish Empire

They owned half the world, yet they went bankrupt 4 times in 50 years. 📉 In the 16th Century, the Spanish Empire was the wealthiest superpower in history, controlling rivers of silver from Potosi and gold from the Americas.

But this wealth became a curse. In this economic history documentary, we uncover how Spain fell into the "Inflation Trap." We analyze the Price Revolution, the cost of endless wars, and how a massive supply of money destroyed their domestic industry.

From the Spanish Armada to the rise of pirates, this is the untold story of how the first global economy collapsed under the weight of its own gold. A lesson for modern economies today.

👇 CHAPTERS:
00:00 The Empire Where the Sun Never Sets
00:45 Potosi: The Mountain That Eats Men
02:00 The First Hyper-Inflation (Price Revolution)
03:15 The War Economy & The Armada
04:30 Debt, Default, and Pirates
05:45 The Collapse & The Lesson for Today

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#History #Economics #SpanishEmpire #Gold #Inflation #FinancialCrisis #Documentary #MoneyHistory #FinancialWars