System of Law (John Law's financial system)

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:abolished 1720
gptkbp:component gptkb:bank
gptkb:Banque_Générale
gptkb:Mississippi_Company
gptkbp:creator gptkb:John_Law
gptkbp:currencyIntroduced livre notes
gptkbp:goal stimulate economic growth
reduce French national debt
gptkbp:historicalSignificance early experiment in central banking
early use of paper money in Europe
https://www.w3.org/2000/01/rdf-schema#label System of Law (John Law's financial system)
gptkbp:implementedIn gptkb:France
1716
1720
gptkbp:notableEvent speculative bubble
gptkbp:replacedBy return to metal currency
gptkbp:resultedIn gptkb:Mississippi_Bubble
financial collapse
gptkbp:bfsParent gptkb:Regent_Philippe_II,_Duke_of_Orléans
gptkbp:bfsLayer 7