In 1696 Issac Newton turned from physics to money. As the head of the Royal Mint he created a gold standard—the effect was a gold bubble.pic.twitter.com/pLPJeri1Wm
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Josh, Newton also realized that by establishing a Gold standard the economy of the UK would become stronger than other European economies.
Josh, Thus the Gold Bubble created by Newton had a great effect in building the foundations of the industrial revolution. A good bubble.
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