Tuesday, November 10, 2009

Popeye the Sailor Solves Our Recession Problems

A country deep in debt thanks to a confusing and protracted war, prohibition, and an absurd monetary policy. Depression plagues the citizens, and even the government itself, already bloated, cannot pay all of its employees. What is a leader to do?

Well, as Popeye the Sailor points out in these comic strips from November 3-7 1931, if you run a government and you've got a mint, you can print all the money you need. And if you don't have enough money to buy the ink and paper to print the money you need, you can always confiscate bills from the counterfeiter down the road, and just declare that money to be legal tender:

I hope someone in the offices of Ben Bernanke, Tim Geithner, and Larry Summers is reading the amazing Fantagraphics Popeye reprint collections (these comics are from the second edition). They'll help us to get out of our current "recession" toot sweet, and everything will be hotsy totsy again, blow me down!

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