8 sentences with 'bullion'
Example sentences and phrases with the word bullion and other words derived from it.
• « Once the Spanish discovered the vast silver deposits of South and Central America in the early 16th century, gigantic quantities of silver bullion flowed from Europe to the Ottoman and Safavid economies, most of it en route to India and points further east. »
• « By 1533, Spanish forces were in control of the empire and began shipping huge quantities of gold bullion to Spain. »
• « Moreover, so much gold bullion was shipped to Europe that inflation undermined its value, another factor that weakened Spanish power over time. »
• « The road was enormously expensive to maintain; despite huge shipments of bullion from the New World, the Spanish monarchy was wracked by debt, much of which was due to the Dutch conflict. »
• « Thanks to its takeover of Central and South America, Spain had huge reserves of gold bullion in the 16th century, and thanks to shrewd Habsburg marriages, Spain was part of the largest dynastic system in Europe. »
• « In both the medieval and Renaissance mindsets, the only forms of wealth were land and gold bullion (precious metals), and since there is only so much land and so much gold and silver to go around, if one society became richer, by definition all other societies became poorer. »
• « Trade was only important to the extent that trade surpluses with other states could be maintained, thus ensuring that more bullion flowed into the economy than flowed out. »
• « Mercantilism held that there was only a limited amount of wealth, measured in bullion, in the world. »