Did the Spanish Inquisition Harm Spanish Commerce?

Contrary to popular belief, many historians argue the Spanish Inquisition did not hinder—and may have even helped—Spanish commerce. Established in the 15th century to enforce Catholic orthodoxy, it primarily targeted religious minorities (Jews, Muslims, Protestants) rather than merchants. In fact, it sometimes settled business disputes, creating a more stable commercial environment. Most merchants were Catholic and supported the Inquisition.