The Mississippi bubble

Discussion in 'Economics' started by guest_trader_1, Jul 20, 2022.

  1. Get educated you heartless puppets.
    Special pat on the back to whoever brings cryptocurrencies to the table.

     
  2. guest_trader_1 likes this.
  3. Pekelo

    Pekelo

    I will see your John Law and raise you a Newton:

     
  4. On the plus side he helped inspire this song:

     
  5. I'm decades ahead of you. Literally. That video was aired almost daily on Canadian TV networks since before I was born.

    Meanwhile, we are the world's top crypto-safehaven.
     
  6. %%
    Good history lesson + video notes about Federal Reserve notes+ metals like gold silver. Wouldn't that be great if we ever had a Pres with enough backbone to '' fight the Fed??''
    THAT has happened\ 7th Pres Andrew Jackson; took all the Federal deposits out of the Fed bank + loaned it to legions of local+ state banks+ those local printing presses= boom in credit/RE. Then Pres Andrew paid off the entire national debt+ plenty of federal land sales!!
    By 1836/ real estate market= super uptrend.
    And a metals dealers dream/ 1836 exec order required all Federal land sales to be in silver = gold.
    NO way could all the legions of local + state banks pay in gold+ silver \OOPs =Panic of 1837:caution: