Learn from your elders

March 14, 2009

To expand on an earlier tweet, my dear, sweet 84-year-old grandmother wants to know where all the money lost in the stock market went.  And I fear she is far from alone.  That is part of what is wrong with this country and why we are in deep shit right now. 

A) Much of the country has little to no understanding of how the stock market, or economics in general, works.  I’m beginning to think everyone should have to take a crash course in economics before they are allowed to vote.  (Public officials should be required to earn CEUs in economics-)

B) So much of our economy is based on money that never really existed.

and

C) The government thinks the answer to that is to spend more money that does not actually exist.  BRING BACK THE GOLD STANDARD!

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