Sunday, February 28, 2010

Five economic collapses more ridiculous than this one
From Cracked
What Went Wrong?
Unfortunately, the newly appointed regent of France didn’t understand economics worth a damn, specifically the rule that money is supposed to represent things that are, you know, valuable. You can’t circulate more money than can actually be exchanged for things of real value. They printed so much money that it represented five times more wealth than France actually had.

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