Sunday, September 21, 2014
Launching planes and ICBM's as an Economic Stimulus tool: Tales from Normal, Mn.: FICTION
Just got the tweet from the bass fishermen on Sunday morning...they have been watching the weekly recap of news and were in awe of what has become of the distinguished economics theory of economic development...it seems that at the highest level of government...or maybe just Russian government, but when one reflects maybe others share the theory, when one is faced with the plunge of value of ones currency or is facing an ominous recession...one of the tools of stimulation is of course "printing of more money" but that technique does get old after a while, or after one has printed trillions of money...and the next tool from the Chicago or maybe Russian theory of economics is to launch bombers and ICBM's on just a "war games" exercise of course, to get some economic stimulation going, and of course to develop some real patriotism of the locals....this all seemed pretty stunning to the bass fishermen....and they wondered to a man what has become of the Economics department worldwide....maybe they just got a little bored with the traditional texts and decided to expand the tools of the trade to include world war.....stay tuned as I follow this story.
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