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Reminds me of a great historical figure of Hungary, István Széchenyi. >Széchenyi gained a wider reputation in 1825, by supporting the proposal of the prime min
by leni536 11y ago
Reminds me of a great historical figure of Hungary, István Széchenyi.
>Széchenyi gained a wider reputation in 1825, by supporting the proposal of the prime minister, Nagy, to establish the Hungarian Academy of Sciences; Széchenyi donated the full annual income of his estates that year, 60,000 florins, towards it.
https://en.wikipedia.org/wiki/Istv%C3%A1n_Sz%C3%A9chenyi https://en.wikipedia.org/wiki/Istv%C3%A1n_Sz%C3%A9chenyi
- samstave 11y ago>The height of the bubble was reached in the winter of 1636-37. Tulip traders were making (and losing) fortunes regularly. A good trader could earn up to 60,000 florins in a month— approximately $61,710 adjusted to current U.S. dollars. With profits like those to be had, nothing local governments could do stopped the frenzy of trading. Then one day in Haarlem a buyer failed to show up and pay for his bulb purchase. The ensuing panic spread across Holland, and within days tulip bulbs were worth only a hundredth of their former prices. The tulip bubble had burst. Florins appear to be pretty steady with the dollar...
- Luc 11y agoThat was a different Florin, though perhaps it would be possible to find the exchange rate in 1825: https://en.wikipedia.org/wiki/Austro-Hungarian_gulden https://en.wikipedia.org/wiki/Austro-Hungarian_gulden