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Bibilioth - Money Insights

Economic History

The Financial Catastrophe of John Law's Bubble

John Law's 18th-century financial experiment in France led to a catastrophic failure with far-reaching consequences for the French monarchy, economy, and society.

The Rise and Fall of John Law's System

Learn about John Law's financial system that dominated France in the early 18th century but ultimately collapsed due to inflation, speculation, and government intervention.

The Collapse of John Law's System

The 1720 financial crisis led by John Law in France highlights the risks of speculation, paper money, and fractional reserve banking.