What happened after the conquistadors brought galleons full of silver and gold from America to Spain?

After the conquistadors brought galleons full of silver and gold from America to Spain, it led to a significant influx of wealth, which dramatically impacted the Spanish economy. This newfound wealth fueled inflation, known as the "Price Revolution," and caused economic instability. Additionally, the influx of precious metals enabled Spain to finance wars and expand its empire, but it also contributed to the decline of its economy in the long term, as reliance on gold and silver led to neglect of other sectors. The riches also intensified competition and conflict with other European powers seeking to capitalize on the wealth of the New World.