Monday, July 13, 2009

A Truck-load of Watermelons and T-bills.

As I was growing up on the farm, my dad joked about a couple of guys who bought a truckload of watermelons for $2 a piece, hauled them across the state-line and sold 'em for $1 each. Poorer than when they started but ever the optimists, the smarter of the two came up with the solution:

"What we need next time is a bigger truck!"



I guess that's why I left the farm and went off to the big city to get a college degree in finance -- so I too could understand Keynesian economics.

But I'm still having trouble explaining it to my dad.