From Bullion to Bubbles
Part 1 of a four part series begins with host Niall shows us how today’s currency is rooted in trust instead of the value of the metal in which it is made from. This lesson can be traced back 500 years to the Spanish conquistadors in Bolivia who caused the value of silver to drop inadvertently by mining too much. Plus, how the system of lending and credit began in Venice; and recalls an early speculative boom-bust cycle which was called “the Mississippi Bubble.”
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The.Ascent.of.Money.S01E01.HDTV.XviD-GNARLY
XVID, 624×352, 23.9760 fps | MP3, 122 kbit/s, Stereo | 53min - 441 MB
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