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WalterBright
1y ago
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> a country not known for its vast wealth
Its looting of the gold and silver from S. America apparently didn't help.
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UncleSlacky
1y ago
· 1 in thread
They brought so much to Europe that they crashed the market.
WalterBright
OP
1y ago
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.
Apocryphon
1y ago
https://en.wikipedia.org/wiki/Dutch_disease
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