Global silver trade from the 16th to 19th centuries

The global silver trade between the Americas, Europe, and China from the sixteenth to nineteenth centuries was a spillover of the Columbian exchange which had a profound effect on the world economy. Many scholars consider the silver trade to mark the beginning of a genuinely global economy, with one historian noting that silver "went round the world and made the world go round". Although global, much of that silver ended up in the hands of the Chinese, as they accepted it as a form of currency.

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