5min chapter

The Good Ol Boyz Podcast cover image

Dirty Money with Peruvian Bull

The Good Ol Boyz Podcast

CHAPTER

What Happened With the Spanish Peso?

Peru was originally a giant silver mine for the Spanish Empire. Spain exploited this mine to such an extent that they garnered, I think it was something like 30 or 40% of the above ground silver in the world at one point in the 1500s. They created the Spanish peso, which was a standard unit of account for silver. The reason why we even have a dollar sign is because of the Spanish Peso.

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