Modern Economics, Explained

Just this. Nothing more. I thought you should know.

https://twitter.com/AndyGrewal/status/1514176879846170626


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19 thoughts on “Modern Economics, Explained

  1. Erik Hammarlund

    Mockable? Hell yes.

    But I’m all fairness, the concept of printable paper money is actually really complicated as are the monetary causes of inflation, and I doubt most folks understand it well. Or at all.

  2. B. McLeod

    “Don’t let it inflate.” Well, there you go. Probably the same master strategist who came up with “Head south and redress root causes.” I hardly see how it could fail.

      1. phv3773

        NMT is a thought experiment on very question troubling the bewildered girl in the video. That it hasn’t been conclusively debunked illustrates how hard the question is, as do the calls for a return to the gold standard that we hear occasionally from a reactionary in Congress.

        1. SHG Post author

          Nothing is ever “conclusively debunked” anymore because there are always geniuses to argue in support like this one.

  3. Nigel Declan

    I guess that Humpty Dumpty, having convinced the world that words now mean whatever we want them to, has moved on to monetary policy.

  4. Peter Miles

    Was Richard Nixon a victim of the modern educational system?
    [Ed. Note: Link deleted per rules.]
    Time to remember the 70s! Nixon was flat, and this woman is fluffy. Maybe she’s less dangerous?

  5. The Infamous Oregon Lawhobbit

    I dunno – piece of plastic, arbitrary values, don’t let it inflate.

    What’s not to like?

    Granted she’s a bit light on the specifics of “how” that “don’t let it inflate” happens, but otherwise…

    1. Saxinis

      Granted she’s a bit light on the specifics of “how” that “don’t let it inflate” happens, but otherwise…

      ———–

      The Underpants Gnome Strategy !
      1. Steal underpants
      2. ?
      3. Profit !

      1. The Infamous Oregon Lawhobbit

        True, but just like the Underpants Gnomes you can’t say that there’s anything wrong with the proposed end result, right?

  6. Bryan Burroughs

    Pretty certain I just lost a couple brain cells watching that. You can expect my comment quality to deteriorate some as a result.

Comments are closed.