RT Handre (@Handre)John Law convinced the French Regent in 1716 that paper money backed by future colonial profits would solve France's debt crisis. The Mississippi Company's shares soared 3,600% in two years as Law's printing press worked overtime -- classic boom psychology meets unlimited liquidity.Law understood one thing: you can create money from nothing, but you cannot create wealth from nothing. When investors rushed to convert their paper fortunes back to gold and silver in 1720, the Banque Générale ...