How to place a man beyond historic context in the economic environment of his time, inventor which looked on money just as means to realize ideas that he regarded as benefit to humanity living his life beyond greed for wealth and power. It seems that his path was already destined for circumstances that he lived in.
Tesla emigration to United States in 1884 looks at the first glance as move of a man which searched for a fertile ground where he can further develop his science and ideas. His mission and thrive to leave a legacy for all humanity, was a far more calculated event then mere change of the ground where he just lived and played by his destiny as precise as his inventions was.
At that time United States was in the first international crisis known where stock price bubbles fears originated in Europe spread across the world. USA was tightening monetary policy to get back on the gold standard after US Civil war, and money in circulation become scarce. Prices of Silver started to fall and caused all different assets class devaluation. Railways was in overbuilding peak at that time and tight monetary policy resulted in collapsed bubble in 1973. Some believes that shortages of gold and consequent subsequent gold rush in US and Africa helped alleviate this crises. Kondratieff cycles suggest the Second Industrial Revolution has just spurred initial costs and financial systems in countries eager to ride the cycle experienced large shifts in to their economies and over cost in attempt to make a new daring step in to the new future.
Exactly there in 1884 precise destiny mathematically orchestrated his arrival and made him as prominent tool for Industrial revolution that his inventions has initiated. Why US? Because that was the only place at that time that had power to let him ride his life wave and give birth to his already well designed apparatus for harnessing the universal powers in to our use. This power of Zeus has been given trough him to humanity and made irreversible revolution in world future.
During his life Tesla has been a contemporary of internal US and world events that would lay foundation in technology where we are today. World war I, great depression in 1930 and stock market crash, World war II all can be described as events which pushed technology and financial development ahead despite catastrophic effect of war on human population and horrors of war. If one nation can be named as one which has started to monetize technology in to bankable US dollar terms, It is United States.
His life was interwoven with financial world at that time which looked to exploit his inventions and push the Industrial revolution ahead. His constant need for financial means for his experiments provoked on other side unwilling compromises with financial moguls of the time. His abandonment of the same compromises left him alone at the end with a bear means to complete his life mission respectably. If you look what happened after his life on this earth, you would see exponential expansion of economies, financial and credit expansion and technologies. I guess he already knew since he was a master of mechanics in movement.
Are we just one giant machine guided by universe? He for sure displayed enough evidence for that answer.
Aleksandar Koprivica, Director, Associates Treasury Solutions