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Mar 2021
7m 36s

ELI5 Tulip Mania - the first speculative...

ELI5 Explain Like I'm Five Podcast
About this episode

Explain the "Tulip Mania" craze in the 1600s in Netherlands and why it was important? Why did people get into trouble with futures and options contracts? How much did a tulip cost at the height of the bubble (in multiples of a person's annual salary)?

 

... We explain like i'm five!

 

Thank you to the r/explainlikeimfive community as always and in particular the following users whose questions and comments formed the basis of this discussion: packersfan8512, diablevert13, ledradiofloyd, omegastar19 & blueskies12

https://en.wikipedia.org/wiki/Tulip_mania

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