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A comment on Hubble Telescope Captures a Rare Asteroid Worth 70k Times the Global Economy. Parent comment

Re:Hubble Telescope Captures a Rare Asteroid Worth 70k Times... by jackcosgrove on Sunday March 28, 2021 @12:49PM (#26611840)
There was a lot of inflation in Spain during the 16th century because of all of the gold and silver mined from the Americas. Some estimate prices rose by 300% in a century.

The rise in prices made Spanish exports uncompetitive, forcing Spain to spend its bullion to buy finished imports from other countries.

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Re:Hubble Telescope Captures a Rare Asteroid Worth 70k Times... by doubleyou on Sunday March 28, 2021 @11:09PM (#26617307)
US inflation has been over 1000% in the last century. Lots of money being made in the last century, and lots more people. Sorry for the tangent, had to look it up.
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