Wednesday, March 25, 2009
POP! POP!
(4)
And I could go on and on, of course.
Which brings us to the idea that Money is a 'zero sum game.'
Unfortunately I am a bit too drunk at the moment to do justice to the concept of 'money.' Tune in next week.
Meanwhile, I find myself worrying along with the Chinese that the US of A is attempting to reinflate a bubble which has burst catastrophically in a most appropriate manner. Clearly, the American economy has progressed since the mid-'90s into two distinct bubbles: 1) The Tech Bubble; 2) The Housing Bubble. The answer to the current crisis is not to try and reflate the previous bubbles! Market forces need to work over time to correct the problem. There is no quick fix. We need to endure the future. We furthermore need to understand that the game of Money is a zero sum game. We need to make appropriate laws in view of that fact. The current situation demonstrates conclusively that Unfettered Capitalism is EVIL.
