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Jul 12, 2021 at 12:45 history edited Lars Bosteen CC BY-SA 4.0
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Dec 28, 2018 at 15:39 history edited Lars Bosteen CC BY-SA 4.0
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Apr 29, 2018 at 19:49 comment added Pieter Geerkens Following up on my comment above: How do we measure the adequacy of pre-modern monetary supply?
Mar 16, 2018 at 21:38 comment added jpmc26 The OP seemed to be particularly interested in drawing historical parallels to modern oil booms. However, there seems (at least at the surface level) to be an important difference: Africa was largely conquered and plundered (at least according to this answer), while modern oil states are at least nominally allowed to run themselves, with today's super powers buying from them. How much does this limit our ability to learn lessons applicable to our modern predicament?
Mar 16, 2018 at 18:55 comment added kjetil b halvorsen "España tenia la vaca pero otros bebian la leche" (Spain had the cow but others drank the milk)
Mar 16, 2018 at 1:01 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 19:24 vote accept user31652
Mar 15, 2018 at 15:15 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 14:29 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 14:17 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 13:56 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 10:41 history edited Lars Bosteen CC BY-SA 3.0
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Mar 15, 2018 at 10:08 comment added Pieter Geerkens Beat me too it. This is the obvious, and closest, parallel to me. However the inflation was desperately needed, not unwanted, as the monetary supply f Europe was grossly inadequate until New World silver arrived.
Mar 15, 2018 at 9:44 history answered Lars Bosteen CC BY-SA 3.0