| 73Q Music Videos | Vote On Clips | Submit | Login   |

Reddit Digg Stumble Facebook
Desc:Ron Paul teaches us about inflation using Duck Tales
Category:Cartoons & Animation, Business
Tags:Disney, inflation, ron paul, ducktales, Libertarians
Submitted:Hailey2006
Date:10/02/08
Views:2699
Rating:
View Ratings
Register to vote for this video
Favorited 1 Time

People Who Liked This Video Also Liked:
Obama's new ad: 'Plan for Change'
Duck Racing Game in Shenmue II
Mitt Romney booed at NAACP
FOX News defends Obama
The Kids in the Hall - In search of Pot
Adventure Time: Finn's Baby Song
The Swarm - Giant Bee
Superman vs. Darkseid
South Oak Dodge's Racist Commercial
The Katering Show
Comment count is 16
NoCode
A good explanation that even George W. Bush should be able to grasp, but -1 star because I've always hated Duck Tales.
theSnake
This is an inadequate parable for what is going on. A better one would be if they just printed money for themselves and it didn't duplicate for everyone else.

Then, they could basically be as rich and reckless as they wanted to be with their money, while the citizens of Duckburg's money becomes worth less and less.
kingarthur
Spot on, good sir. However, this is still pretty hip. I smiled the whole way through.

DMKA
3:53 is the sad truth.
Mayberry Pancakes
Wow. Just...wow.
baleen

Five stars for the ridiculousness of it. Yes, the evil fed has destroyed everything, and it has nothing to do with cost-push inflation (rising gas prices) and demand pull inflation (demand for resources rising in the rest of the world, massive amounts of government spending, war, mortgage crisis sucking up dollars and credit and increasing risk in the markets, making money more attractive).

All those factors increase the demand for money, which is why the Fed has to lower interest rates.


dancingshadow
Duck Tales fucking rules.

kingarthur
I've gotta go ahead and say fiat currency is pretty much an eventual bad ending no matter how you go about it, unless you want to say...intentionally devalue the shit in order to make yourself more competitive on the export side.

Also, foreign exchange markets, which everyone has to play with under global capitalism, are zero sum games. Someone is always going to be left holding the bag.




Rodents of Unusual Size
Regardless of how much this compares with modern issues, you have to give them credit for actually trying to teach kids about financial concepts through a cartoon.

They also did a really cool episode where they went to paradise and ruined it because they valued bottle caps (something rare and never seen before) which then filled the entire valley, as inflation grew so did the number of bottle caps needed. This show was filled with economic metaphors now that I think about it. They did a few episodes where they talked about liquid and frozen assets.
Rodents of Unusual Size
Also, Scrooge McDuck 2012!

Xenocide
Then there was the episode where Scrooge says, "I like to keep my assets liquid," so Fenton dumps his entire fortune in a lake.

Scrooge McDuck stories are brimming with economic parables. Entire books have been written about how he embodies the concept of the noble capitalist.

Goofy Gorilla
"The Land of Tra-La-La" was obviously the more apt episode to use.
Caminante Nocturno
4 stars because Ducktales was a pretty good show, but I didn't appreciate the jackass who kept interrupting everything.
Xenocide
I love how Fenton, a professional accountant, has to have the concept of inflation explained to him.

This cartoon is awesome even when crazy libertarians miss the point of an episode.
GravidWithHate
He's not an accountant. He's a bean counter. Litteraly, his job was in a bean factory on the production line, counting the number of beans in each tin of beans, and telling another worker how many beans to add or remove to ensure there was a correct number of beans in the tin. Beans.

Sorry where was I... Oh yes, he got the job because he was able to count the shotgun pellets Scooge fired at him in mid air.

DuckTales was rather influential in my childhood.

The Mothership
I just went to submit this, and wasn't all that surprised to find it already here.
Register or login To Post a Comment







Video content copyright the respective clip/station owners please see hosting site for more information.
Privacy Statement