| The supply of money increased dramatically in 1630s Holland, serving to engender the tulipmania episode.
https://www.mises.org/library/dutch-monetary-environment-during-tulipmania |
Douglas French is former president of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.
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