xd: an example of a really really really dumb government

the following material is purely fictional and does not relate to any events in history. any resemblence to events, dead or living, is purely coincidental.

Below is a newspaper article:

INFLATION HAS BEEN A SERIOUS PROBLEM IN OUR COUNTRY. NOW YOU CAN DO YOUR PART TO CONTROL IT!

After an interminable 5 minutes debate, the monetary committee has finally decided on a foolproof plan to curb inflation, which has been plaguing our country for years. The government is going to call for a money burning exercise on the 31 August 2006.

Venue:
Any primary/secondary school/jc around you.

Time:
12pm-4pm

What to bring:
A lot of money (probably $1000 per person)

Rationale of the exercise:

this is done to increase the price of money by reducing the quantity of money circulating within the country. (what a marvelous breakthrough in monetary policy!) the effects of this exercise can be illustrated by the graph below:

by reducing the quantity through burning, the price of money would rise, and along with it the purchasing power of our currency. and thus the general price level would fall! INFLATION SOLVED! Isnt your government just pure genius?

Environmental issues

Luckily, the smart brains here at the government have also considered about the environmental effects of burning such a great amount of money. As a solution, it is compulsory that everyone only bring money in thousand-dollar notes. This would greatly reduce the amount of soot released into the air as compared to burning lots of notes of smaller denominations.

Theft?

Your reliable government has thought of theft too. To solve this, we recommend that everyone put your notes in your left shoe (please keep this secret). And voila! the robbers would never be able to guess where you hid your money!

Please do your part for the country's economey. Start withdrawing your money for burning NOW!

For enquiries, please call Tinkle Friend at 1800-2744788