How a single tulip was worth more than a villa │Tulip mania I

Today, you can buy several tulips for a couple of dollars. In 1637, you could buy every house on your street, for a couple of tulips.
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Пікірлер: 87

  • @robbieg6036
    @robbieg60363 жыл бұрын

    Grand Theft Tulip

  • @hexdroidz7046
    @hexdroidz70465 жыл бұрын

    Your channel is criminally underappreciated.

  • @unematrix
    @unematrix5 жыл бұрын

    The drawing of that tulip looks really amazing! I want a shirt or a poster with that flower on it! When is that happening?

  • @coreyfellows9420
    @coreyfellows94205 жыл бұрын

    Hey bro, I subbed! Great channel keep it up.

  • @splineMerl
    @splineMerl4 жыл бұрын

    Love this dudes narration. I am subscribing!!!

  • @kanehebi3992
    @kanehebi39925 жыл бұрын

    that's fascinating, looking forward to the sequal, keep it up!

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    Working on it right now! :)

  • @oppaloopa3698
    @oppaloopa36984 жыл бұрын

    Semper Augustus really is such an alluring name. It feels like soft, red fabric and the idea of pomegranates. Not actual pomegranates. Those suck.

  • @MarcusCato275

    @MarcusCato275

    3 жыл бұрын

    Semper Augustus = 'all / ever revered'?

  • @tinnguyen2219
    @tinnguyen22195 жыл бұрын

    thank you so much for sharing this useful data. Greatly appreciated.

  • @PoisonStore
    @PoisonStore4 жыл бұрын

    What i have learnt in college doesnt even have a fraction of this knowledge. All thoose year wasted. Kids.. dont go to university. Subscribe instead.

  • @sgrube2
    @sgrube25 жыл бұрын

    I’m so happy I found your channel, I love this type of content and am definitely going to stick around

  • @I_am_a_cat_

    @I_am_a_cat_

    5 жыл бұрын

    Dogs are the offspring of the devil

  • @sgrube2

    @sgrube2

    5 жыл бұрын

    My cuteness is far greater than yours

  • @I_am_a_cat_

    @I_am_a_cat_

    5 жыл бұрын

    @@sgrube2 HOW DARE YOU. Ima have to fight you for that. Everyone knows cats are way cuter than doggos. Also I have the high ground. Lol:3 Your reply made me laugh tho, thanks for that, lol.

  • @sgrube2

    @sgrube2

    5 жыл бұрын

    Your welcome for the laugh, but you underestimate my powers

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    This has been the weirdest thread under any of my videos thus far... :D

  • @wkb9683
    @wkb96834 жыл бұрын

    £257.290 for a tulip. That really does sound like Bitcon. I'll stick with gold & silver thanks.

  • @UpNfamish2
    @UpNfamish25 жыл бұрын

    My mind goes numb whenever I try to think about “ can buy a house with a few tulips “.

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    Today we have similar situations: you can buy a house with a few stones, for example. Such as diamonds, whose value is kept high through intensive marketing and limiting supply. Although that being said, diamonds have other uses too... But they are still only stones.

  • @UpNfamish2

    @UpNfamish2

    5 жыл бұрын

    @@HistoryScope Agree.But Tulips are perishable while Diamonds like paper money can be agreed on to be keeper of values n using paper moneys has risk of fire damage n so diamonds and gold are better

  • @Holsp
    @Holsp5 жыл бұрын

    How are you making the maps? They are so cool

  • @p_mouse8676
    @p_mouse86764 жыл бұрын

    The republic . Brings a tear to the eye.

  • @ShnoogleMan
    @ShnoogleMan4 жыл бұрын

    Is there a way to find more sources on this?

  • @dailjr3721
    @dailjr37213 жыл бұрын

    Subscribed 👍🏻

  • @kaushiknarayanan.c1678
    @kaushiknarayanan.c16783 жыл бұрын

    The explanation is great and easy to comprehend for people who are not from finance background like me👌👌

  • @DreckbobBratpfanne
    @DreckbobBratpfanne4 жыл бұрын

    Those virus tullips are like Shiny or Pokerus infected Pokemon xD.

  • @FatBellyChemist1234
    @FatBellyChemist12344 жыл бұрын

    I was shocked about the tulip price I have 8 tulips in my bowl with milky quartz and Aussie opals as decorations.

  • @MichelCDiz
    @MichelCDiz3 жыл бұрын

    I had to stop the video to record this. We are during a pandemic thing, thousands of people died, the markets have fallen and raised. The oil has dropped to negative 10 USD (mean, dropped to zero the price of the oil barrel) but Bitcoin still here baby :P It is not a mania or a "Buble". It is freedom from the string manipulators. Kisses.

  • @juditkovacs1205
    @juditkovacs12055 жыл бұрын

    I'm glad you moved away from the neckless-armless-bean-people. These are much cuter. They still don't have neck though. That is still so weird. :D But the drawings are getting better and better. Good job!

  • @Perceptious37
    @Perceptious377 ай бұрын

    6:28 wild how much the USD to Euro has changed. this is now only 320,000 USD 5 years later. also fun fact, post brexit hasnt changed the value of the pound by much even though the economy is worse.

  • @wasmachineproducties1840
    @wasmachineproducties18405 жыл бұрын

    I came when you said Johannes Vermeer

  • @matsudaindustries2530
    @matsudaindustries25302 жыл бұрын

    Tulip NFT 😳

  • @joebaumgart1146
    @joebaumgart11464 жыл бұрын

    Like comic books, baseball cards, pokemon, and everything else in the 1990's!

  • @srdjan455
    @srdjan4552 жыл бұрын

    At least it's not a kingdom for a horse

  • @kansbar7456
    @kansbar74563 жыл бұрын

    Stock market is heading towards Tulip Mania 2.0 :)

  • @I_am_a_cat_
    @I_am_a_cat_5 жыл бұрын

    ALL THE TULIPS WILL. BE. UNITED. This reminds me of how people use to pay a SHIT TON of money for pineapples, because they were so exotic. I can't imagine anyone middle class EVER spending that much on a flower that'll eventually die though. Fuck that, I'd rather have a gahd damn house.

  • @Skip2MeLou1
    @Skip2MeLou15 жыл бұрын

    How would a bubble happen if the contracts forbade further selling the tulip?

  • @peterobinson2546

    @peterobinson2546

    5 жыл бұрын

    er, probably BECAUSE the contract forbade selling it on. Money, er, finds a way.

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    Because supply decreased but demand stayed the same, the price went up. And this contract only applied to a single type of bulb, not all. The actual bubble only occurs in the second episode :)

  • @donchu1890
    @donchu18905 жыл бұрын

    It’s 12:35 in the morning

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    Here it's 9:48. I hope you enjoy the video and dream sweet economical dreams. I know I did last night! :)

  • @I_am_a_cat_

    @I_am_a_cat_

    5 жыл бұрын

    Good for you? Why do you think people care what time it is for you? I mean, I know no one on here cares about me, so you don't have to tell me. Idk why some people think everyone wants to know everything about their lives. You gonna tell us what you had for dinner tonight too? I'm triggered right now. Lmao.

  • @raxitkaria
    @raxitkaria3 жыл бұрын

    Tesla tulip mania hits me up here😅

  • @Lpp360
    @Lpp3602 жыл бұрын

    ✂️

  • @jeffreyrichardson
    @jeffreyrichardson3 жыл бұрын

    snookies sisters gift perfect pie crust we dont sift brothers mahlert rift

  • @northbearNL
    @northbearNL5 жыл бұрын

    Dutchie

  • @then33k4
    @then33k45 жыл бұрын

    the explanation in the beginning is.. oh never mind.

  • @DevendraLattu
    @DevendraLattu3 жыл бұрын

    Bitcoin for $100 😂 I wish

  • @Hypertyz
    @Hypertyz5 жыл бұрын

    but if it is so expensive, no one would buy it and therefore there is no profit right?

  • @AWWx2
    @AWWx25 жыл бұрын

    I subscribed .....love your videos, looking forward to more. BUT I'm wondering how you made 301,000 Euros equal to $483,000 US ......I think you might have made a slight mistake there.....perhaps thinking of Australian or Canadian dollars? We 3 countries have a different value each for our dollars.. But on the date you put out this video, the Euro dollar was worth about US $ 1.16...just nit-picking, I know... but 301,000 Euros today is worth about U.S. $350,500, NOT U.S. $483,400 ........but, I love your videos, just watch the numerical figures if you're talking values of various currencies.

  • @Populiervogel

    @Populiervogel

    5 жыл бұрын

    The amount is based on an annual income of a Dutch carpenter, perhaps a carpenter in America earns more per year.

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    I looked at the annual wage of a carpenter in the USA and multiplied it by 10. Hence why it uses the carpentry sign.

  • @mvpmickey1
    @mvpmickey14 жыл бұрын

    Tulip? Sounds like Tesla

  • @ambassador8524
    @ambassador85244 жыл бұрын

    Wow! A half a million dollar flower!

  • @ThisIsFel
    @ThisIsFel5 жыл бұрын

    Why would you measure the price by comparing the carpenter’s salary? You are assuming they are being paid “as fair” as they were 400 years ago, which they are most likely not. You should have taken another method into account to convert the price more realistically. Otherwise an excellent video! (Excuse my broken English)

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    Unfortunately, the data from that period is extremely scarce. I tried using inflation and converting the currency to modern ones but inflation data wasn't available. Hence, I had to go with the data that was available, such as salaries. Next I had to choose one that fit well with modern professions and the carpenter, while of course not being the same, is quite similar to a modern carpenter. "fair" is an extremely subjective term and wages were most likely set by supply and demand as concepts such as minimum wage weren't implemented in the Dutch Republic at the time. Hence, this was the best solution to compare the cost.

  • @ThisIsFel

    @ThisIsFel

    5 жыл бұрын

    Avery Thing thank you, I understand why now. Anyway your video was amazing! Great work!

  • @I_am_a_cat_

    @I_am_a_cat_

    5 жыл бұрын

    @@HistoryScope that's a great response. Makes a lot of sense, and shows that Avery really puts a lot of effort into these videos:)

  • @quinnporter289
    @quinnporter2894 жыл бұрын

    Now in animal crossing its turnips

  • @Wstreak91
    @Wstreak914 жыл бұрын

    Bitcoin reincarnated.

  • @BudiDi-vd8id
    @BudiDi-vd8id4 ай бұрын

    ☁️☁️🌷🌷ANALISA GAMBAR ☁️☁️🌷🌷

  • @bonddumb4032
    @bonddumb40323 жыл бұрын

    Real Bitcoin! Real vision the people had!

  • @wolfje9403
    @wolfje94035 жыл бұрын

    I am duch

  • @ObliviAce

    @ObliviAce

    4 жыл бұрын

    Eigenlijk zeg je dutch duch isg xD

  • @elhadjiamadoujohnson4166
    @elhadjiamadoujohnson41664 жыл бұрын

    In a capitalist system there’s always somebody willing to hold the bag.

  • @DeanRendar
    @DeanRendar3 жыл бұрын

    and they didnt have hypebeasts pushing overpriced lifestyle streetwear for peer approval helping fleece the insecure customers psychology back then

  • @arminius6506
    @arminius65065 жыл бұрын

    Who's here after Cold Fusion video???

  • @HistoryScope

    @HistoryScope

    5 жыл бұрын

    How did you go from cold fusion to Tulipmania? :)

  • @ahmetalbayrak5820
    @ahmetalbayrak58204 жыл бұрын

    Lale

  • @user-dx9ih2zt4z
    @user-dx9ih2zt4z3 жыл бұрын

    Your comparison between Bitcoin and tulip mania is completely wrong.Number of Total Bitcoins is restricted to 21,000,000 and no one can add a 1 to it but we all know that at that time of mass mania about tulip some 1000 kilometers farther in Iran A Bunch of tulip worth was a normal coin.

  • @simply2ghetto
    @simply2ghetto5 жыл бұрын

    So... Should I buy Bitcoin?

  • @windsofmarchjourneyperrytr2823

    @windsofmarchjourneyperrytr2823

    3 жыл бұрын

    Not for starting out, no. Extremely volatile. Keep in mind, not very secure.

  • @simply2ghetto

    @simply2ghetto

    3 жыл бұрын

    @@windsofmarchjourneyperrytr2823 Thanks for the reply. But I missed this years rally. Will wait for a dip.

  • @mitragyninethespeciosa6891

    @mitragyninethespeciosa6891

    2 жыл бұрын

    Yes.

  • @fenner4117
    @fenner41172 жыл бұрын

    "costed", lol

  • @imthatnggruponthatnag7784
    @imthatnggruponthatnag77843 жыл бұрын

    Bitcoin.

  • @MrSnazzy682
    @MrSnazzy6825 жыл бұрын

    It is not over for bitcoin bud

  • @phil6272
    @phil62725 жыл бұрын

    I got an add for a crypto currency marketplace on this video...

  • @windsofmarchjourneyperrytr2823

    @windsofmarchjourneyperrytr2823

    3 жыл бұрын

    Yup. Full of bullsh*t artists and not secure at all to deal with, I hear...

  • @j.a.weishaupt1748
    @j.a.weishaupt17483 жыл бұрын

    Dear lord what a horrible accent. It hurts my ears. Great video nonetheless though.

  • @mitragyninethespeciosa6891
    @mitragyninethespeciosa68912 жыл бұрын

    Please don't compare bitcoin to tulips. It's just dumb and overused.

  • @vmarsfire

    @vmarsfire

    2 жыл бұрын

    This video is 3 years old.