Megan McArdle slips this zinger into a piece about that hypothetical (so far, anyway) trillion-dollar coin:
When I was reporting on Wall Street, I used to be told with some regularity that government was needed to counteract the short-term thinking of the business sector, who never thought much beyond the next quarterly earnings report. This now seems as quaintly adorable as picture hats and daily milk deliveries. An ADHD day trader with a cocaine habit and six months to live has considerably more long-term planning skills than our current congress.
Speaking of that chimerical currency, it fits perfectly into the story we told in first grade which was more than 50 years ago, hence the seemingly modest pricing about the youngster who sold his puppy to some kid up the street for a thousand dollars.
Well, he didn’t actually sell the puppy for $1000: he traded it for two $500 kittens.