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September 2, 2021 Leave a Comment

The South Sea Bubble Bursts

This series has three easy 5-minute installments. This first installment: South Sea Company Forms.IntroductionBefore the Roaring Twenties in

December 19, 2012 Leave a Comment

France’s Stock Market Collapses

Today's installment concludes John Law Promotes The Mississippi Bubble,our selection from The Mississippi Bubble - A Memoir of John Law by Louis

December 18, 2012 Leave a Comment

Government Declares Currency Price Freezes

Law did then what governments do so often, and always with ill-success: he resorted to forced measures.Continuing John Law Promotes The Mississippi

December 17, 2012 Leave a Comment

The Winners Sold Early and Got Out

They took advantage of the rage which led so many to sell their estates -- they purchased them, and thus obtained the real for the

December 16, 2012 Leave a Comment

The Scheme to Pay Off France’s Debts

The national debt was fifteen to sixteen hundred million, partly in contracts for perpetual annuities, partly in State notes which would soon be

December 15, 2012 Leave a Comment

John Law Promotes The Mississippi Bubble

This series has five easy 5 minute installments. This first installment: Vast Territory for Speculation.IntroductionKnown under the various

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