The Fed: In a Monetary and Macro Bind?
Real Vision: Finance & Investing
00:00
The Rise and Fall of the Tulip Market
This is a really good reminder that tulipomania was a real thing. People were trading years worth of a laborers wages for a flower. And everyone realized eventually that this was silly and yet they continue to do it because of the greater full strategy. But then literally overnight, the bottom fell out of the market. There were literally no buyers.
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