Wednesday, February 2, 2011

Money, it's a gas, grab that cash with both hands... and make a stash




















Quite a lot of democracies are in fact ludocracies (ludicrous democracies). Nu Zulun is no exception folks.

We are a ludocracy in our own precious little way - an ant among elephants.

Now don't get me wrong - this is not a criticism of our beloved pollutions. politicians. No, no never.

What makes us a ludocracy - pure and simple is our adherence to modern "economic science" and its maze of contradictions.

We are currently being told to save more - after all,  we stand on the edge of a chasm of vast overseas private debt. Saving more combined with a GST hike to 17.5% is proposed. We are almost the worst savers in the OECD don't you know.

However folks, we are also told to consume more (and thus spend more) so that we avoid a recession and keep our GDP in positive territory. Economic growth of 2.5% maybe even 3% --- that's what we need they say.

Every school child taking NCEA 2 economics knows:
GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X - M).

So there it is:  Save more please and spend more please!

Now folks, this can be done via your garage - quantitative easing. But you have to be a rather brilliant counterfeiter.

You could get a job with more pay  ....

Another way you can save more and spend more is by stealing money - but that's is unadvisable and incidentally illegal.


You could of course borrow. Then you could be seen to be spending more and wandering to your the local bank to save more ... but then you also owe more.

No no .... that will never do. You simple must come into money (money must find you), if you are to fulfill a ludocracy's wishes.

Lotto perhaps?

An inheritance from Aunt Ada Fogbottom?

Growing a money tree???

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