This is probably one of the most damning pieces of evidence of American stupidity that I’ve ever seen.
Nixon had Watergate. Clinton had the (white) stained dress. The American public now has this video proving how clueless we are as a nation.
Prepare to have your mind blown!
People sign petition to “increase inflation to 100%” to cause hyperinflation.
[RSS Readers please click to site for video]
If ever there was a piece of evidence to suggest we need a mandatory finance course taught at the high school level… it’s this. I’m not exactly sure how to remedy this problem, but I’m sure the answer somehow involves squeezing tidbits of information between American Idol and Monday Night Football.
The sad thing is that clueless people like these also get to vote in political elections, PTA meetings, etc. Don’t go biting my head off, but perhaps decentralized decision making needs a bit of a re-think since every person in this experiment but two actually signed the ridiculous petition to weaken the U.S. Dollar.
Almost makes you want to start a finance blog and try to educate consumers. Or move to Canada!
(Not sure they would take most of us after watching this.)
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Hat tip to Mike Shedlock for tipping me off to this video, and major kudos to Mark Dice for shining a light on American stupidity at it’s finest. I fully expect to see this video on CNBC in the very near future.