The Moral Hazard of Funny Money

Funny 'cause it's true.

Category:

Comedy

Tags:

• fiat
• money
• keynes
• keynesian
• bankrupt
• subprime
• funny
• austrian
• school

[USASalim]

Oh man, this is the best definition of moral hazard i've seen. I actually showed to my undergraduate class. Not only did we all laugh, but they also got the concept. Just great great skit

[xxxChrist]

This video was uploaded nearly 3 years ago. It concisely illustrates what has gone wrong with Western economies, yet only 27902 people have watched it. Meanwhile, Lady Ga Ga and the Black Eyed Peas have had millions of hits.

As the saying goes, 'A fool and his/her money are soon parted......'

[jtp0418]

The best explanation of the financial I've seen so far!...

[gbushimprov]

@beast8282 That's John Bird, the sketch was part of a documentary on the south bank show about the two comedians, the guy on the left.

[beast8282]

who's that guy on 7:18? it's like a millisecond picture of an old guy staring at a screen...

[rexdeodium]

All those who still beleive in EMH should watch this clip :)