Thursday, January 24, 2013
Maybe you can take it with you....But should you
An interesting presentation of hyperinflation in hell (HT: Greg Mankiw).
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My Economic Philosphy As Stated in the Book of Mormon
"...there was much peace in all the land, insomuch that the Nephites did go into whatsoever part of the land they would whether among the Nephites or the Lamanites. And it came to pass that the Lamanites did also go whithersoever they would, whether among the Lamanites or among the Nephites; and thus they did have free intercourse to buy and to sell, and to get gain, according to their desire. And it came to pass that they became exceedingly rich both the Lamanites and the Nephites; and they did have an exceeding plenty of gold and silver, and of all manner of precious metals, both in the land south and in the land north." (Helaman 6:7-9)[Emphasis Added]
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