especially rare breeds, became popular the market for the Tulip bulbs increased dramatically with contracts being traded on the future growth of flowers that were, essentially, futures. The prices
The Dutch Tulip Bubble (“Tulip Mania”) was a speculative frenzy in 17th-century Holland over the sale of tulip bulbs. Tulips were introduced into Europe from Turkey shortly after 1550, and the delicately formed, vividly colored flowers became a popular if costly item. The demand for different...