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To: Jack Black

Does he seriously think you could dump a quadrillion tons of gold into the market at $300 / ounce?
**************
Did the price of gold crash, when the Spanish shipped it from the Americas to Europe?

Just wondering.


44 posted on 08/31/2019 1:59:43 PM PDT by Yulee
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To: Yulee
Did the price of gold crash, when the Spanish shipped it from the Americas to Europe?

It caused massive inflation. Back then gold WAS money, so the effect of way more gold was similar to the effect of way more money now. That is: inflation.

Price revolution

45 posted on 08/31/2019 2:07:48 PM PDT by Jack Black ("If you believe in things that you don't understand then you suffer" - "Superstition",Stevie Wonder)
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