Money as debt: an animation

[kurtz]

Originally Posted by Platapus

I have always believed that if you truly want to understand the world you need to study three subjects

Physics
Chemistry
Economics

Pretty much covers all the important questions.

The problem is that the first two make sense and the third is hard to follow

Reminds me of the physicist, the chemist and the ecnomist washed up with a tin of beans on a desert island. there's no tin opener so the physicist says,"we could heat a stick up in the fire so the point becomes hard and we can pierce the tin with it". This is tried and fails so the chemist says,"we can just put the tin in the fire and the pressure will burst the lid off the can". This was tried so the two of them look at the economist who says,"First of all assume there is a tinopener!"