[#3Fan]

Here's another goody on the CA gold rush http://www.calliope.org/gold/gold2.html

I saw no mention that a shipload of gold couldn't pay a sailor's salery on that site either.

Here's my favorite bit: * Seventy-five prefabricated iron houses shipped from China - along with Chinese carpenters. Cheaper than using local materials and labor. * Miners' soiled underwear departing by shiploads for the Sandwich Islands (Hawaii), where it was cheaper to get it laundered. * An instant 4,000% profit which Taylor himself made, selling the old newspapers he had used to cushion his belongings on the trip. * Real estate lots bought up by speculators a year ago at sixteen dollars - now worth $15,000.

San Fransisco was a town of 15000 people, a small town by today's standards. Show me where there was hyperinflation of the gold price for a significant population.

[discostu]

OK #3Fan's to do list:
Learn to use a tape measure
Learn pre-algebra
Learn reading comprehension

The California Gold Rush stuff has NOTHING to do with the Spanish Colonial stuff (where the ship statement came from) except as FURTHER proof that a massive influx of gold, just like a massive influx of any other currency, will screw up an economy.

15000 people was big back then. And if you'd actually read some of these links you'd see that these economic problems hit the entirity of Californi, and spanish Colonial importing of gold totally screwed up Spain and adversly affected all of Europe.

Face it, you've lost. Massive influx of any currency, including gold, is bad.