How an Economy Grows and Why It Crashes


G O V E R N M E N T   G E T S   C R E A T I V E



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how an economy grows

105
G O V E R N M E N T   G E T S   C R E A T I V E
We cannot stand 
idly by and do 
nothing. If elected, 
I will institute 
a government 
reconstruction 
program for our 
neediest citizens to 
repair the damage. But he assured the citizens that the cost of 
the construction would be paid for by the economic activity 
the spending generated.
His opponent, Grouper Cleveland, offered nothing, except 
wise stewardship of the island’s savings and a promise not to 
interfere with the liberties of the citizenry. 
Not surprisingly, Franky Deep sailed into offi ce as Senator in 
Chief. 
His election victory did not change the fact that there were 
not enough fi sh reserves to fi nance the spending plans he 
envisioned. To cover the gap, Franky came up with another 
plan. The government would issue paper money called Fish 
Reserve Notes, which would 
be redeemable for actual 
government fi sh stored 
at the Goodbank. 
Citizens could get 
their fi sh immediately 
or use the notes to trade for other 
goods and services just as they would 
have done with real fi sh. 



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