How John Law, Fiat Money and the Mississippi Bubble Caused France's Financial Crisis in 1720 (Videos)
6/28/2014 07:44:00 PM | via @Dvolatility |
This is important history on fiat money, gold and asset price bubbles. The Mississippi Bubble was one of the first modern financial crises. Great Britain's South Sea Bubble happened in the same year (1720).
Posted by D Volatility