Posts Tagged ‘ John Law’s infamous Mississippi Scheme ’

The Mississippi Scheme: The Rise to Ruin

Jul 19th, 2005 | By | Category: Currencies
Marc Faber discusses the loss in purchasing power of paper money and recounts the first time this happened: John Law's infamous Mississippi Scheme.  It's been a good month for people expecting (and trying to hasten) the decline of civilization. The London bombings will pose a new challenge to the openness of ...read more