Thursday, September 25, 2008

Oh Goody.

A deal has been reached. 700 billion dollars of new cash will be introduced to prop up the financial system. A system that needs propping up because it got into trouble for owing more money than there was money. So Washington DC thinks solving the problem of too much money and easy credit is accomplished by adding more money and easy credit.

This is nothing more than the same price fixing that was attempted in 1929. Ugh.

Here's a little homework for you:

Get two boxes of the game Monopoly. Play the game with a total of 2 or 3 players but don't let anyone go bankrupt until the game has reached the fourth hour in play. Allow one person to be a central banker and allow them to grant loans to anyone to cover their debts. At first allow them to mortgage their assets but allow them to buy back their mortgages with more loans and use their railroads and properties as a security.

Once you run out of money begin tallying the remaining amounts on a seperate piece of paper and allow people to keep as much paper money as necessary even if it means the loans made by the central bank empty out all of the cash. Don't stop though, keep going and only keep track of the debts on the seperate piece of paper.

Once you've reached a point where everyone owes more cash than there really is and your paper money becomes worthless call your Congressman immediately while the concept is still fresh in your head and tell them what a dumbass they are.

6 comments:

Amber said...

I'm going to start paying for everything with Monopoly Money. Worth the same as the $25 in my son's piggy bank.

Anonymous said...

I already called my congress woman's office and told them no bail out and the staff person told me that the calls are running 10 to 1 against the bailout. It may not matter though.

Don said...

I imagine 10 to 1 is pretty powerful until they realize that "1" is the guy that pays for half their campaign ads.

Gino said...

silly tracy.
when the bank runs dry, you just open the other monopoly box and take the money out.

ken-bob said...

... or switch to the game of "Clue" and find out "who dunnit"...

Gino said...

...or switch to strip monopoly.