As the Olympics are going on and as the Track and Field events have just started I was reminded of this gem from several years ago. "The Games" was an Australian mockumentary series about the fictional inner workings of the government as it prepares for the 2000 Sydney Games.
From this series, "The 100 Meters Track" is the most youtubable moment and it's a classic. Skip to 4:49.
Part 2.
I had this recorded on VHS for years and I'd of uploaded it to youtube myself if someone hadn't beaten me to it. By the way, if this looks familiar somehow, it's probably because you've already seen this.
Showing posts with label The Games. Show all posts
Showing posts with label The Games. Show all posts
Friday, August 3, 2012
Sunday, June 20, 2010
World Currency Collapse Explained in 3 Minutes
The makers of "The Front Fell Off" and "The Games" are back with a brand new invention. This time they're out to explain the current state of various European economies/governments. It's billed as "World Collapse Explained in 3 Minutes" but it's more specifically about governments and currencies. The term "World Collapse" just seems problematic.
Spoiler: the entire "Who's on First" scenario only comes about when a nation's currency is not backed by a tangible, limited resource such as gold or silver. When money becomes decoupled from anything physical (other than paper), then governments are free to spend as much as they want. How are they going to pay it all off? Print more money.
I'd call this "Tax on the Ignorant". That's to say that if the government raised taxes by 20% to legitimately pay for a bunch of crap there would be outrage. People would protest, they'd question the expenditures, things would probably get cut. If, however, they simply print more money, the public is still paying for it but they're not smart enough to care. When the thousand dollars I have in the bank goes down in value by 50% in 10 years, that's ok. The number of dollars in the bank still says "$1000", so everything 's fine. And when that amount goes down in value by 50% over the next 10 years and so on, and so on, the number of dollars is still 1000 which is still the same amount, right?
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