CHILE: Anglo CHILIAN MINING - SHARE CERTIFICATE - 1825

Description

CHILE:
Anglo CHILIAN MINING -
CERTIFICATE FOR 80
SHARES OF  £100- EACH
a massive amount of money in 1825 and equivalent to £743 000- now!
INTERESTINGLY THE PURCHASING POWER OF THE POUND INCREASED IN THE MASSIVE DEFLATION THAT HIT THE POUND FOR THE REST OF
THE CENTURY. THE LOW POINT FOR THAT WAS 1850 WHEN ONLY £5353- IN NOMINAL TERMS WERE NEEDED TO PURCHASE THE SAME GOODS
FOR
WHICH YOU NEEDED £8000- in 1825.
INFLATION ONLY MANAGED TO LIFT PURCHASING POWER PARITY BACK ABOVE £8000- IN 1916 WITH THE INFLATIONARY BURST OF THE FIRST WORLD WAR.
THUS THE FIRST WORLD WAR HELPED TO DISRUPT THE DEFLATIONARY FEEDBACK LOOP OF 90 YEARS. THAT WAS CAUSED IN NO SMALL MEASURE  BY THE LOOT
OF "TAKING" VIRTUALLY FREE GOODS FROM COLONIES ALL OVER THE PLANET ("the sun never sets in the empire") AND OF COURSE THE MONETARY EFFECTS
OF THE FIRST INDUSTRIAL REVOLUTION. MANY GOODS WERE GETTING CHEAPER ALL THE TIME.
THE SECOND WORLD WAR WAS THEN MOST HELPFUL AGAIN TO BRING THE ANGLO-SAXON WORLD OUT OF THE DEFLATIONARY DEPRESSION BROUGHT ON BY THE CRASH OF 1929.
THOSE WARS WERE VERY HELPFUL INDEED.
EARLIEST KNOWN DATE ON STOCKS FOR THE COUNTRY OF CHILE:
JUNE 20, 1825
THIS CERTIFICATE IS A DESIGN VARIATION
TO
THE FEW PREVIOUSLY KNOWN CERTIFICATES
AND THE
FIRST WE HAVE SEEN.