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... gling in America.

  In the first two decades of the 17th century, the amount of American silver imported into Spain reached more than 200,000 kilograms per year.

  By the 1930s, it dropped sharply to an average of only 140,000 kilograms per year;

  By the 1950s, only 40,000 kilograms of American silver flowed into Spain each year remained.

  The "reduction" of silver production in the Americas was initially due to floods in Mexico and continuous rain that led to water ...

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