Saturday, February 21, 2009

What if they gave a depression and no one came?

I took a lot of economics courses in my time (not that I remember much!)

But, despite the few things I can remember about Keynesian economics and Milton Freidman's monetary theories, I'm more confused than ever now.

What happens when almost everyone has NOTHING?

What if we just kept on doing what we're doing now -- going to work, the grocery store, the movies, everything -- but we just didn't use money.

It's a beautiful idealistic thought (I've never been accused of being a pragmatist).

The one problem, though, is some people would try to take advantage of it and the whole thing would become unglued before it got started.

Oh, well......

No comments:

Post a Comment