In the game of Monopoly, every time a player pasess Go, the bank injects $200 into the money supply. Youd think this was unsustainable, because the bank starts with about $15,000, and with five players, the bank will run out of money when the players have all gone round fifteen time. Except, of course, the rules state that the bank /never/ runs out; when the cash box runs out, the bank can create more money with slips of paper. Both of these features, stimulus and inflation, actually match current US monetary policy.
Posted on: Mon, 11 Nov 2013 14:54:46 +0000
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