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The Indies, Value, and Wealth

in New World Gold: Cultural Anxiety and Monetary Disorder in Early Modern Spain

Published in print:
2010
Published Online:
March 2013
ISBN:
9780226856186
eISBN:
9780226856193
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226856193.003.0007
Subject:
History, European Early Modern History

Due to the Spanish crown's overconfident reliance on New World treasures, a system of loans emerged that, after the first bankruptcy of 1557, transformed into long-term securities made available to ... More


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