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And the World was Forever Changed…

“In conquering America, Spain opened a pipeline that pumped a torrent of silver into the

world’s economy, but Spain was helpless to control that flow. Neither Chinese emperor

nor Ottoman sultan, neither the Persian shah nor Russian czar proved any more adept at

channeling or controlling it than the Spanish kings. Spain had unleashed a power that

raced around the globe and operated with a force of its own, independent of church and

state. The wealth of America had run amok, and the world would never again be the

same. “

~Jack Weatherford, The History of Money

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