@paulg Any time a 6-year-old wants to learn about Roman emperors is a good day.
Explained taxes and spending to 6 yo. He suggested printing money. Told him prices adjust. He was consoled Roman emperors made same mistake.
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@paulg were our failing banks bailed out by Roman Emperors? Might explain a few things ...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg that is the most magical thing about progress. Insights missed by the best in the world centuries ago now had by kids. -
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@paulg Is there a game that explains fundamentals of econ? (Especially related to housing prices, says the priced-out one)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg I remember how disappointed I was when I learned the macro perils of printing money.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Unfortunately, governments still use the "print money" solution :/Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg nice! Which Roman emperor?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg but prices haven't adjusted, have they?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Quick - fractional reserve banking on the rebound.Thanks. Twitter will use this to make your timeline better. UndoUndo
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