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In the early 1600s, New Spain was a major seat of Spanish power and the source of its wealth.
This wealth made Spain the dominant power in Europe.
Spain's silver mining and crown mints on the North American continent created high quality coins known as the silver peso or Spanish dollar that became the currency of Spanish America and a widely used global currency.
Check out the YouTube version of this episode at https://youtu.be/a5PEtkcndzU which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams.
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