Western Civilization I / Unit 16 WC1 1517 short lesson, about 20 seconds
The Price Revolution: Silver and Sixteenth-Century Inflation
Captions available
The idea
American silver, arriving through Spain, raised prices across Europe through the sixteenth century, the witness's inflation, hurting wage-earners and landlords on fixed rents and helping merchants and debtors. The course calls it the price revolution.
In practice
Silver passing on through Spain toward India and China.
Where people slip
The name is the course's; the mechanism is the anchor's and the witness's.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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