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<p>[QUOTE=&quot;desertgem, post: 8241052, member: 15199&quot;]Thanks, but since they are imaginary I can provide all I need. I know others have provide the comparison .</p><p><br /></p><p>&quot;In 1634, tulipmania swept through Holland. The Library of Economics and Liberty writes, &quot;The rage among the Dutch to possess [tulip bulbs] was so great that the ordinary industry of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade.&quot;3</p><p><br /></p><p>A single bulb could be worth as much as 4,000 or even 5,500 florins<i>—</i>since the 1630s florins were gold coins of uncertain weight and quality it is hard to make an accurate estimation of today&#039;s value in dollars, but Mackay does give us some points of reference: among other things, 4 <i>tuns</i> of beer cost 32 florins. That&#039;s around 1,008 gallons of beer, or 65 kegs of beer. A keg of Coors Light costs around $90, and so 4 tuns of beer ≈ $4,850 and 1 florin ≈ $150.4 T<span style="color: #ff0080">hat means that the best of tulips cost upwards of $750,000 in today&#039;s money (but with many bulbs trading in the $50,000 - $150,000 range). By 1636, the demand for the tulip trade was so large that regular marts for their sale were established on the <a href="https://www.investopedia.com/terms/a/aex.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/a/aex.asp" rel="nofollow">Stock Exchange of Amsterdam</a>, in Rotterdam, Haarlem, and other towns.2</span></p><p><br /></p><p><span style="color: #ff4d4d">It was at that time that professional traders (&quot;<a href="https://www.investopedia.com/terms/j/jobber.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/j/jobber.asp" rel="nofollow">stock jobbers</a>&quot;) got in on the action, and everybody appeared to be making money simply by possessing some of these rare bulbs. Indeed, it seemed at the time that the price could only go up; that &quot;the passion for tulips would last forever.&quot;</span> People began buying tulips with leverage, using margined derivatives contracts to buy more than they could afford. But as quickly as it began, confidence was dashed. By the end of the year 1637, prices began to fall and never looked back.5</p><p><br /></p><p><br /></p><p><font size="5"><b> The Bubble Bursts </b></font></p><p>By the end of 1637, the bubble had burst. Buyers announced they could not pay the high price previously agreed upon for bulbs and the market fell apart. </p><p><br /></p><p><a href="https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp" rel="nofollow">https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp</a>[/QUOTE]</p><p><br /></p>

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