by Colin Lovett, PICurrent Managing Producer
Remember a while back I said that emotion was the biggest single thing that causes recessions and booms in the economy? If not, take a look here.
Well, I just found a fantastic report on NPR of a man named Josh Bearman and how he devised a fradulent economy in his lunchroom back in third grade.
And so, Bearman came up with a plan. A scheme. A lie. He told his classmates that every year, on the last day of class, his mother would bake a cake. A huge cake. The most delicious cake you’ve ever tasted.
“So what I said was, ‘Listen, that’s going to be a great day. But in the meantime, I can offer you this special opportunity. And what we can do is, if you give me those Cheetos now, today, you can lay a claim — you know, on a share of this future cake.
If you’ve been following our current economic problems, you probably know what is coming next. But its a great read anyway. Check it out!
It’s easy to say to avoid deals that seem to good to be true. It’s good advice, but it can be hard to follow when everyone wants to believe in the same imaginary reward.
