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To: Red Badger

That’s the good news. The bad news is a loaf of bread would then cost a $1,000,000.


3 posted on 06/12/2018 10:15:45 AM PDT by Stevenc131
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To: Stevenc131
I'm reminded of the 1950 Donald Duck story, "A Financial Fable".

https://en.wikipedia.org/wiki/A_Financial_Fable

Scrooge McDuck is running a farm, employing his nephews as farmhands. While Huey, Dewey and Louie enjoy working, Donald Duck is tired of labour and quits the job, joining his lucky cousin Gladstone Gander in searching for luck and money.

Scrooge keeps all his money in a corn crib at the farm. When a cyclone hits the crib, the cash is spread all over the area. Scrooge is not upset, knowing that if he and his young nephews keep working, they will get the money back soon enough.

Meanwhile, Gladstone is demonstrating his unbelievable luck, holding out his hat and asking for some money to land in it. Two million of Scrooge's dollars then fall down from the sky and land in the hat. The two cousins decide to spend the money on traveling, and drive to the local village to buy gas. When they arrive, they learn that money has been raining over the villagers too, and now that everyone is a millionaire, no one is working anymore. Therefore, they cannot buy gas, or take the bus, or even buy good shoes so that they can walk to a town where they can buy something. Donald gives up, and returns to his uncle, where he gets his job back, while Gladstone gives Donald his million and goes fishing. Scrooge informs him that if he wants to eat eggs for breakfast, they cost a million each.

Eventually, all the new millionaires go to Scrooge's farm to buy food and perhaps get a job. With the prices having drastically increased — an egg now costs one million dollars, as does a ham, and a cabbage costs two million — Scrooge soon gets all of his money back, and everything is back to normal.

Analysis

The message of the story has been described as politically right-wing. Ed Natcher of Prism Comics wrote that Barks "wrote from a socio-economic viewpoint that was somewhat to the right of Ayn Rand" and that the story could make "any Bush blush with envy at its conservative credentials". Donaldist Jon Gisle called the story "a classic defence of the capitalistic system".

Gunnar Bårdsen, a Norwegian professor of economics, has pointed out the similarities between the story and Nobel prize-winning economist Milton Friedman's 1969 theories of "helicopter money".

Barks himself called "A Financial Fable" a "story of easy riches" and said that the message of the story surely would get him "in a cell in a Siberian gulag someday."

11 posted on 06/12/2018 10:31:08 AM PDT by Simon Green ("Arm your daughter, sir, and pay no attention to petty bureaucrats.")
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