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After returning to the palace from the police station, when Li Chengzong was dealing with government affairs, he found that there was a very important problem in the Han Kingdom under his rule, that is, because he practiced mercantilism, and his own Han science and technology level was far beyond other countries and forces in the time and space because of himself, so in this way, a large number of precious metals began to flow into the Han Kingdom under his rule, and it was a good thing to have more money, but there was too much money, so it was not just trouble.......

It's a pity that no one else in this time and space can understand Li Chengzong's worries except Yang Rong, when Li Chengzong told Yang Rong about his worries, Yang Rong smiled, "Giggles, Ah Wei, what you said is right, the more money is not the better, do you want to hear the story of the first empire on which the sun never sets?" ”

"The first empire on which the sun never sets? Isn't that the UK? I still know the story of John Bull relatively well...... "Li Chengzong knows that his daughter-in-law wants to tell history to himself, and he wants to learn from history and learn from it," John Bull is actually quite good...... At least they built the largest empire in human history, didn't they? ”

"No, Ah Wei, the first empire on which the sun never sets on our plane was the Spanish Empire, and you know, the first monarch to shout the slogan that the sun never sets was a statement by Carlos I of Spain, 'In my territory, the sun never sets.'" Ah Wei, let me tell you, you listen well......." Yang Rong said, Li Chengzong listened patiently, and the two of them also added fragrance to their red sleeves, which was interestingly tight.

After Yang Rong's explanation, Li Chengzong learned that the first to embark on capitalism in time and space were the Netherlands and England, but not Spain and Portugal that embarked on the road of colonization earlier, there are many reasons for this, first of all, Portugal, Portugal is really beyond the reach of national strength, when the country began to colonize, the population of the country was not more than one million, but it had to guard Africa, a large area of densely populated land in Asia, and constantly move forward to explore new territories. Although it has succeeded in establishing a number of trading posts, such as Altyn Island and Macau. However, after all, it was a lack of strength, and finally declined after many events such as the occupation of the mainland by Spain, the intensification of competition from overseas commercial colonial rivals, and the fierce resistance of the colonial people. In fact, the subsequent decline of the Netherlands is somewhat similar to this.

Spain, on the other hand, is a prime example of self-containment. After winning large tracts of land and mountains of gold and silver in the Americas, Spain's aristocratic ruling class became sharply corrupt. With the large inflow of precious metals into Europe, there is a shortage of commodities and currency depreciation. Britain, France and the Netherlands succeeded in developing their economies through monetary revolutions and mercantilism. The measures taken by Spain turned out to be a ban on the export of its own goods to the colonies, which directly stifled the country's manufacturing industry. Coupled with the political dictatorship. System. Corruption led to a massive flow of gold and silver into Western Europe. The extravagant life of the royal family is becoming more and more profligate! The huge wealth that they possess is only used for consumption and not for production, and as a result, instead of developing themselves, they hinder their own progress.

With the massive influx of silver from the Americas, Europe ushered in a price revolution, and prices rose rapidly. Spain, as a silver hub, saw the largest price increases.

Since the main participants in the Spanish silver trade were royalty and feudal aristocracy, the common people could not make any money from the colonial trade and had to endure rising prices, and countless peasants and craftsmen were reduced to beggars, thieves, and prostitutes.

Spain's industry and commerce also had a brief boom in the early years of the country, but the influx of silver from the Americas amounted to a continuous over-issuance of money.

The shock was fatal, and due to the fragmentation of the peninsula's geography, Spain was effectively a confederation of kingdoms, each with its own parliament managing its own finances. As a result, the empire did not have the concept of a central bank and did not have a unified fiscal policy, and was very powerless in dealing with the over-issuance of money.

Unable to absorb the vast amount of money at home, Spain needed to firmly control Europe's financial center (Italian city-states) and trade center (the Netherlands) to help the empire spend money together.

The territories that Charles V brought to Spain played a role in this, but the need for absolute obedience to these territories led to the loss of the Spanish Empire's fortunes.

Yang Rong believes that the rise of great powers is often determined by the current situation, but whether the downhill road is fast or not is determined by itself. The Spanish Empire, which had made a fortune with its silver fortune, was not committed to addressing the negative effects of silver on the economy, and was not willing to establish a more centralized parliament to coordinate the affairs of the empire.

The inexhaustible silver can buy all resources such as troops, food, and warships for the empire, so of course the empire has no pressure to reform.

The Spanish crown received only one-fifth of its revenues directly from the silver trade in the Americas, while the Netherlands received two-fifths of its tax revenues.

The currency of the Netherlands came from the supply of silver from Spain, but due to the commercial development and great liquidity of the Netherlands, the Netherlands was the largest tax warehouse in the Spanish Empire. Dutch fiscal figures show that a vibrant private sector is the country's most reliable source of revenue.

If Spain had chosen the timing of the war carefully, fighting only one adversary at a time, perhaps the Imperial treasury would have had surplus funds to save the domestic economy.

However, Spain's bursting self-confidence has allowed it to dare to go to war with all potential opponents at the same time. Arrogance deprived Spain of a chance to repair itself, and when the empire collapsed, its own flaws plunged the Spanish Empire directly into the abyss.

"Ah Wei, this is the history of Spain's rise and decline, I'm very worried, you and I will be a hundred years later, the Han Congress we worked hard to build will go down a crooked path like Spain......" The stones of other mountains can attack jade, Yang Rong asked Li Chengzong what he planned to do after giving Li Chengzong a history lesson, she didn't want her and Li Chengzong's hard work to repeat the mistakes of the Spaniards after getting a lot of precious metals, but she really couldn't come up with any good plan except for studying history.....

She can't do it, it doesn't mean that Li Chengzong can't do it, "Hahahaha, what should I do?" It's easy to do, start an industrial revolution......." Li Chengzong smiled and said to Yang Rong, just when the two of them were talking about precious metals and national fortunes, Song Zhong brought Li Chengzong a long-awaited news.

This news made Li Chengzong very excited, for no other reason, that is, Jinyiwei found the gold, silver and bronze mountains led by Iwami Yinshan in the Wa Kingdom, and Jinyiwei also sent back the relevant information of the Wa Kingdom, "The little gourds are very dishonest, this is forcing Lao Tzu to engage them, hehehe, the little gourds, your Uncle Li is coming....."

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