Did you know, with regard to financial pyramids, it began long before Sergey Mavrodi?! Yes, this is how, in the winter, on the fourteenth of December 1720, John Luo ran away from the crowd of his former fans, he ran away to Brussels. He was a smart and courageous person, an adventurer who managed to control the financial system of France, and also struck and fascinated the whole of Europe with his outlandish project.
Having once killed the enemy’s duels, he was in prison, from which he escaped, but at the same time he damaged his leg, jumping from a great height and remained lame.
And so he came up with an amazingly interesting and tempting project. In order to improve finances and develop the state economy, he proposed to issue banknotes of the State Bank. With this idea, he turned to his homeland, Scotland. In addition, this idea was proposed by England and the Savoy Duchy, as well as the Genoese Republic. But only France agreed to this. Already in May 1716, a smart John receives a patent that allows him to open a joint -stock bank and allows him to print outlets exchanging for gold coins.
Two years later, John Lo Bank became the royal bank of France. LO became the founder of dimensionless lending. John Lo got rich thanks to his invention. In the end, the number of people wishing to exchange shares for gold and silver exceeded the number of precious metals. They were missing for everyone. John Lo was declared bankrupt, and his banknotes lost their strength and began to be considered invalid. This led to a financial crisis and rebellion. John had to flee to Brussels, leaving his wife and daughter, taking only his son with her. So this person remained in the history of the inventor of the financial pyramid. So even in those days the constructed financial pyramid crashed, and what can we say about 1994, when Mavrodi created his MMM- But now the new MMM collects new depositors, who again believe that they will not be deceived, that they will definitely receive Everything that is counting on. They believe that with the help of a financial pyramid they will become rich and happy. But in practice it turns out that any pyramid sooner or later ends its existence. We must pay tribute to those people who create such pyramids. They are smart and prudent. These are people who think everything in advance to the smallest nuances. And if there are those who believe in the positive outcome of such pyramids, then such pyramids will appear again and again.