1973-1975 OIL PRICE SHOCKS
Tulpenmanie was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels with the major acceleration starting in 1634 and then dramatically collapsing in February 1637. Starting around 1621 city-states in the Holy Roman Empire began to heavily debase currency in order to raise revenue for the Thirty Years War as effective taxation did not exist.
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More and more mints were established.
. Kipper- und Wipperzeit literally Tipper and See-saw time was a financial crisis during the start of the Thirty Years War 16181648. It is generally considered to have been the first recorded speculative bubble or asset bubble in. Kipper und Wipper German.
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