Crisis Chronicles:
300 Years of Financial Crises
(1620–1920)
A series of essays by the NY Federal Reserve on financial crises .. "As momentous as financial crises have been in the past century, we sometimes forget that major financial crises have occurred for centuries—and often. This new series chronicles mostly forgotten financial crises over the 300 years—from 1620 to 1920—just prior to the Great Depression. Today, we journey back to the 1620s and take a fresh look at an economic crisis caused by the rapid debasement of coin in the states that made up the Holy Roman Empire .. Is it possible to draw any parallels between the events of the 1620s and the current objectives of the Group of Seven to meet 'respective domestic objectives using domestic instruments'? Tell us what you think."
LINK HERE to the objectives
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