Recovery from the great depression
Keynes argued that the government has
to spend in order to get out of depression
German hyperinflation
A fiat currency elimated the middleman to measure value which is
gold. But this system can be dangerous if used without careful planning.
Prelude to 1907 banking crisis
This scenario in economic history demonstrates how the markets are sometimes irrational that it can destroy the entire economy without a regulating body.
The Tulip mania
When the price of a commodity becomes obscure to the rewards of quick monetary gains, the market does not make any sense at all.
The city of Gold
The steady decline of the once mighty Spanish empire demonstrated that even gold loses value if too
much of it are present in the system.
Origin of the Dollar
The Dollar, a widely used currency traces its roots from a tiny European hamlet backed by a major empire.
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