How an Economy Grows and Why It Crashes


S T E P P I N G   O N   T H E   G A S



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how an economy grows

203
S T E P P I N G   O N   T H E   G A S
The Sinopian king was also losing enthusiasm for the 
arrangement, and was particularly vexed by the staggering 
spending plans announced by Ocuda. His advisors, many of 
whom had been students of the great Ally Greenfi n, began to 
worry that their cache of Fish Reserve Notes would lose value 
if they stopped buying. And if that happened, Usonians would 
no longer buy as many Sinopian products.
They argued that without Usonia’s thunderous demand, 
their own export factories would shut down, causing 
unemployment, discontent, and perhaps even protest (which 
had never been allowed in Sinopia). Caught on the horns of 
a dilemma, the Sinopian king kept the status quo going and 
hoped for an answer. 
One day, while he was deep in thought and his council of 
economic advisors was away on a research expedition, a 
simple peasant slipped past the palace guards and engaged 
the worried king in conversation. 
“My most glorious leader, 
please forgive the 
intrusion, but I 
hear that you have 
been troubled by 
thoughts of fi sh. 
Perhaps I may be 
able to help.” 


204

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