Spanish silver wealth quickly creates the same pathology Jiang has been tracking: wealth makes a society lazy, insular, arrogant, and dependent on others' labor.
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Silver
Spanish silver wealth quickly creates the same pathology Jiang has been tracking: wealth makes a society lazy, insular, arrogant, and dependent on others' labor.
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Key Notes
The quoted line that silver answers everything makes money a spiritual as well as practical medium.
The Spanish and Portuguese division of the world gave Spain the wealthier end of the bargain: Mexico, Central America, and much of South America, with gold and silver that rapidly enriched Spain.
Timestamped Evidence
"...up these colonies all around South America. And a lot of silver was now being transported back to Spain. And so overnight, Spain became..."
"To provide textiles, luxury goods to Spain, all right? So how this was accomplished was first, industry. So the Spanish, because they were so..."
"It is written that silver answers everything. It is not even possible to draw near God without money. Okay?"
"...South America. And there's a lot of gold, a lot of silver, within these regions. And as a result, Spain became very wealthy."
"Okay? Eventually, the British and the French will get involved as well. But because South America and Central America were already taken by the..."
"...so the idea cloud seeding you shoot up a chemical called silver iodide into clouds, forcing it to rain. When you do that, well,..."
"...All right, quick break here, because if you're buying gold or silver the normal way, you're probably overpaying by a lot."
"...bed, start to finish. I gave it ivory inlays, gold and silver fittings, gaps across it, oxide gleaming red. There's our secret sign, I..."
"...the third thing that happened was piracy, okay? So all this silver was being transported from the New World back to Spain. And what..."
"...case because Spain is extracting resources from the new world primarily silver okay the French are also engaged in trade as well so there..."
"...the same idea was... The opium went into China, and then silver and money went back to England, okay? And then, this money was..."
"...a huge population and there was a lot of mineral wealth, silver and gold. And so what they could do was they could go..."
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