June 08, 2010

The Euro Is Saved!
— Monty

So...the Euro is tanking, brought low by fiscal promiscuity from one corner of Europe to the other. The ship is listing. What to do?

Why, you bring a financial powerhouse, an economic battering-ram, into the Euro! I present: Estonia! The Baltic juggernaut! Their mighty kroon will reinvigorate the Euro like a shot of pure testosterone straight from a bull's testicles!

And unlike all those other lying liars (who shall go unnamed for the moment), Estonia has adhered to all the EU rules governing budget deficits and total government debt. Honest.

And here I've been a doubter of the whole Euro project. Jean-Claude Trichet shall surely have the last laugh.

Posted by: Monty at 10:00 AM | Comments (125)
Post contains 117 words, total size 1 kb.

1 Estonia - that's where Pauly Shore is from, right?

Posted by: negentropy at June 08, 2010 10:01 AM (27KAF)

2 Hey don't laugh at The Baltic Tiger.

Posted by: fb at June 08, 2010 10:02 AM (G60Nl)

3 The Kroon?????  That is a joke right???

Right????

Posted by: Vic at June 08, 2010 10:03 AM (6taRI)

4 Uhhhh, can I change my mind about that?

Posted by: Estonia at June 08, 2010 10:03 AM (E4Pj8)

5 Anybody want some of this?

Posted by: Metrosexual Ass Kicker at June 08, 2010 10:03 AM (fwSHf)

6 3 The Kroon?????  That is a joke right???

Right????

Posted by: Vic at June 08, 2010 02:03 PM (6taRI)

Excuse me?

Posted by: Bing Crosby at June 08, 2010 10:05 AM (YVZlY)

7 This is great for Euro exports.

Posted by: wtfci at June 08, 2010 10:05 AM (R4rMI)

8
Their mighty kroon Poon will reinvigorate the Euro......

Posted by: Fish at June 08, 2010 10:05 AM (v1gw3)

9 The mouse that roared?

Posted by: nevergiveup at June 08, 2010 10:05 AM (0GFWk)

10 Don't worry if that doesn't work there's always the Slovakian Koruna!

Posted by: taylork at June 08, 2010 10:05 AM (0Hn5w)

11 It's a trap!

Posted by: Admiral Ackbar at June 08, 2010 10:06 AM (pOcKt)

12 So now that the Euro is smothered in just enough weak sauce, little fringe players like Estonia get to pile on? 

Posted by: Roadking at June 08, 2010 10:06 AM (ynf6y)

13 What about the moron? maybe we should help them out.

Posted by: robtr at June 08, 2010 10:06 AM (fwSHf)

14 Hey, what about my EU application? The Pornian Poon is worth a hell of a lot more than the Kroon. Definitely a hard currency.

Posted by: The Sovereign State of Pornia at June 08, 2010 10:06 AM (E4Pj8)

15 Don't worry if that doesn't work there's always the Slovakian Koruna!


...wait, that happened last year. 

Posted by: taylork at June 08, 2010 10:06 AM (0Hn5w)

16 damn slovaks.

Posted by: taylork at June 08, 2010 10:07 AM (0Hn5w)

17

hey this euro business sounds like a ponzi scheme!

but of course it can't be; it's totally 100% honest.

Posted by: dudeinsantacruz at June 08, 2010 10:07 AM (KYOhR)

18 8
Their mighty kroon Poon will reinvigorate the Euro......

Posted by: Fish at June 08, 2010 02:05 PM (v1gw3)

not unless you also include me...

Posted by: Tang at June 08, 2010 10:07 AM (YVZlY)

19  I suppose the peso will save us. 

Posted by: dananjcon at June 08, 2010 10:07 AM (pr+up)

20 What about the moron? maybe we should help them out.

That's moroon, buster.

Posted by: Bugs Bunny at June 08, 2010 10:07 AM (/U/Mr)

21 It could be strait out of a Monty Python sketch.

Posted by: Mark in Spokane at June 08, 2010 10:07 AM (UaVQh)

22 The whole goddamn world has gone completely motherfucking insane.

Posted by: Nemo from Erewhon at June 08, 2010 10:08 AM (Jsucl)

23 But I don't want the Euro to be saved; I want a cheap vacation to Bayern in September.

Posted by: HeatherRadish, Ugly-American at June 08, 2010 10:09 AM (mR7mk)

24

Think of it; this implies Estonia thinks using the Euro is an improvement. 

Can't you just hear it now - "I soon as the boat sinks low enough we'll climb in and be saved!"

Posted by: Roadking at June 08, 2010 10:09 AM (ynf6y)

25 We'll bring the chips and salsa.

Posted by: Lichtenstein at June 08, 2010 10:10 AM (5aa4z)

26 The Czech Koruna, now that's where the wise investor puts his money.

Posted by: taylork at June 08, 2010 10:10 AM (0Hn5w)

27

Think of it; this implies Estonia thinks using the Euro is an improvement. 

I bet they're gonna get a good return when if the euro ever recovers.

Posted by: dudeinsantacruz at June 08, 2010 10:11 AM (KYOhR)

28 They've had a flat tax for a while...and it worked. (Growing the economy, that is)

Posted by: Johnny I at June 08, 2010 10:12 AM (wRAyx)

29 Hey you just wait until I bring my friends from Latvia and Lithuania in on this deal.  You will see how it is done, this punching up, not down.

Posted by: Some guy on the Steppe of Estonia at June 08, 2010 10:12 AM (cqZXM)

30
Sheila Jackson Lee, D-Texas believes Estonia is the capital city of Mars.

Posted by: Monte Carlo at June 08, 2010 10:13 AM (v1gw3)

31

Word is that the Maoris are thinking about joining the Eurozone with their giant stone discs with holes in the middle. 

Posted by: Cicero at June 08, 2010 10:13 AM (QKKT0)

32 Estonia would be a lot less populated if the cow could fit in the sauna.

Posted by: Joanie (Oven Gloves) at June 08, 2010 10:13 AM (HaYO4)

33
When's Estonia gonna become the 58th state daddy?

Posted by: Malia at June 08, 2010 10:15 AM (v1gw3)

34 Great Success!

Posted by: sifty at June 08, 2010 10:15 AM (THtiV)

35 The value of the American dollar vs the pound and the euro has gone up dramatically under Obama The Euro may go to par with the dollar and Sterling may fall to $1.25

Posted by: Michael Collins at June 08, 2010 10:15 AM (I+7Zv)

36
Why do we use the Euro for monopoly money daddy?

Posted by: Malia at June 08, 2010 10:15 AM (v1gw3)

37 This would be hilarious if the stakes weren't so dire.

Posted by: Kratos (missing from the side of Mt Olympus) at June 08, 2010 10:16 AM (9hSKh)

38 What #23 said.

Posted by: AngelEm at June 08, 2010 10:16 AM (Aq93A)

39 There's no way I'm going to carry a basket of 15 currencies to sell gas to Europe.

Get me Helicopter Ben!

Posted by: Vladimir Putin at June 08, 2010 10:17 AM (R4rMI)

40 Sell!! Sell!! SEE-EELLL!!!!!!!

Posted by: Estonian private investors at June 08, 2010 10:17 AM (4Kl5M)

41 You laugh, but you cowboy American imperialists don't qualify to join.

Posted by: Estonia at June 08, 2010 10:17 AM (uKraB)

42

Why bother to try to 'save' euro? 

It's not likely you will be thanked as 'the hero'.

Posted by: always right at June 08, 2010 10:17 AM (HmCnI)

43 In domestic news, if you want to keep your insurance, tough shit.

Posted by: HeatherRadish, Ugly-American at June 08, 2010 10:17 AM (mR7mk)

44

The kroons should all go back to Estonia.

Posted by: Helen "hey where mah job at?" Thomas at June 08, 2010 10:18 AM (+FkcS)

45 Did Estonia steal your plan daddy?

Posted by: Malia at June 08, 2010 10:18 AM (ynf6y)

46 But thanks to the global recession, the country has finally met the eurozone's inflation criterion. So the world came to them.

Posted by: Jean at June 08, 2010 10:18 AM (vb5IK)

47

Not a bad time for a European vacation, if that's what you are into.

My trip to England last week was a lot cheaper than it otherwise would have been, but it still wasn't cheap.

Posted by: Jim in San Diego at June 08, 2010 10:20 AM (oIp16)

48 The Kroon????? That is a joke right??? Probably the local word for 'crown'. Crowns have been used in Europe for over half a millennia, at least, and are used as the currency of several European nations (pre-Euro). No, the joke is, "Estonia will save us!!"

Posted by: popsickle man at June 08, 2010 10:20 AM (4Kl5M)

49

Meanwhile, the Swiss National Bank has been buying up Euros. Either the yodelers think that Euros are an awesome investment, like, totally sweet; or else they've been trying to prop up the Euro's value (failing at it, but n/m that).

On the assumption that there's no saving the Euro - and most of us morons agree on that - why are the Swiss even bothering at this point?

Posted by: Zimriel at June 08, 2010 10:20 AM (9Sbz+)

50 Screw Estonia, we all know Molvania is the EU's savior!

http://tinyurl.com/yfnt4x

Posted by: Chris R at June 08, 2010 10:21 AM (AO4qz)

51

My trip to England last week was a lot cheaper than it otherwise would have been, but it still wasn't cheap.

Did you encounter trouble when you tried to buy stuff with Euros?

Posted by: Cicero at June 08, 2010 10:21 AM (QKKT0)

52

My trip to England last week was a lot cheaper than it otherwise would have been, but it still wasn't cheap.

Posted by: Jim in San Diego at June 08, 2010 02:20 PM (oIp16)

Did you meet any chicks with bad teeth?

Posted by: Fish at June 08, 2010 10:21 AM (v1gw3)

53 The Swiss banks may be in even worse shape, who have they been lending money to.

Posted by: Jean at June 08, 2010 10:22 AM (OlnxK)

54 This Euro situation is giving me and my crew nightmares. After long nights of binge drinking and beer pong, it's hard to get to sleep. We're thinking round-the-clock games of Quarters might help, I'll keep you informed.

Posted by: White House Staffer at June 08, 2010 10:22 AM (xO+6C)

55 What about the moron? maybe we should help them out. The Gold Moron will remain a stable source of value for as long as the Moron Nation maintains its taste for booze, firearms, and filthy-dirty pornography. Which means forever. Our Gold Moron will become the most valued currency in the world -- it is our destiny. Each coin is emblazoned with the immortal motto Ace Gratia Deus Rex Fatuus* *Ace: By the Grace of God King of the Morons

Posted by: Monty at June 08, 2010 10:22 AM (4Pleu)

56

Did you meet any chicks with bad teeth?

Posted by: Fish at June 08, 2010 02:21 PM (v1gw3)

Shockingly, they all seemed to have pretty good teeth. Yes, I was looking for that.

Posted by: Jim in San Diego at June 08, 2010 10:23 AM (oIp16)

57 The value of the American dollar vs the pound and the euro has gone up dramatically under Obama The Euro may go to par with the dollar and Sterling may fall to $1.25

We suck less!  U.S.A!  U.S.A!

Posted by: damian at June 08, 2010 10:23 AM (4WbTI)

58 If Estonia joins the Euro, it may capsize.

Posted by: Hank Johnson, Economist at June 08, 2010 10:24 AM (5aa4z)

59

But thanks to the global recession, the country has finally met the eurozone's inflation criterion.

LOFL.

Estonia has adhered to all the EU rules governing budget deficits and total government debt

Yeah sure. Because they've been printing kroon and inflating it away.

What do you think is going to happen when can't print anymore? Cut spending?

Bwahahaha.

Posted by: Entropy at June 08, 2010 10:24 AM (IsLT6)

60 *Ace: By the Grace of God King of the Morons

Posted by: Monty at June 08, 2010 02:22 PM (4Pleu)

Heh, you and ace should start selling the Moron and get it into circulation. If I could ever get out of the stock market i would buy some.

Posted by: robtr at June 08, 2010 10:24 AM (fwSHf)

61

Ace Gratia Dei Rex Fatuorum, I'd think...

(nominative / ablative <- genitive / nominative <- genitive-plural)

Posted by: Zimriel at June 08, 2010 10:25 AM (9Sbz+)

62 50

Meanwhile, the Swiss National Bank has been buying up Euros. Either the yodelers think that Euros are an awesome investment, like, totally sweet; or else they've been trying to prop up the Euro's value (failing at it, but n/m that).

On the assumption that there's no saving the Euro - and most of us morons agree on that - why are the Swiss even bothering at this point?

Posted by: Zimriel at June 08, 2010 02:20 PM (9Sbz+)

Buy low, sell high. I've made 11% in 3 months investing in UUP (US Dollar fund)

Posted by: Ludicrous Speed at June 08, 2010 10:26 AM (+GWtN)

63

Wait, Estonia or Elbonia?

It's interesting that the stock market seems driven these days not by the success of individual companies, nor even America's looming debt, but the stability of the Euro.

Posted by: lgw at June 08, 2010 10:26 AM (EY+Ll)

64 Is "the moron" exchange rate tied to Valu-Rite 750ml jugs?

Posted by: FreakyBoy at June 08, 2010 10:26 AM (uKraB)

65 22 It could be strait out of a Monty Python sketch.
_________________

My hovercraft is full of eels to you, too, bub!

Posted by: Anachronda has a phrasebook at June 08, 2010 10:26 AM (3K4hn)

66 Should we give the english any credit for staying out of this?

Posted by: dagny at June 08, 2010 10:26 AM (8694f)

67 *Ace: By the Grace of God King of the Morons

His other titles include   Lord of the Ewoks and The Terror of the Transient

Posted by: damian at June 08, 2010 10:27 AM (4WbTI)

68 Estonia - run the other way - save yourselves -

Posted by: Wm T Sherman at June 08, 2010 10:27 AM (w41GQ)

69 Heh, you and ace should start selling the Moron and get it into circulation. If I could ever get out of the stock market i would buy some. For those who missed my "new currency" idea in a previous thread, here's how it plays out. The Moron Nation puts out its own private currency. It is backed by a basket of commodities in line with the Moron lifestyle: liquor and tobacco, houses of ill-repute, pirate-hoards of gold and silver. The coinage (no paper money here) will be as follows: The Fool (Silver) = 1/10 oz silver (about $2) The Idjit (Silver) = 10 Fools The Cretin (Gold) = 10 Idjits (1/10 oz of gold) The Dullard (Gold) = 10 Cretins The Moron (Gold) = 10 Dullards The Buffoon (Gold) = 10 Morons, used only for large transactions and bribes, and the only Moron Nation money to exist in paper-based form (as a warehouse-receipt for actual Gold Morons in deposit)

Posted by: Monty at June 08, 2010 10:30 AM (4Pleu)

70 62 (nominative / ablative <- genitive / nominative <- genitive-plural)
________________

My grammar's a bit rusty. Ablative is the case used when talking about heat shields, right?

Posted by: Anachronda never took Latin at June 08, 2010 10:30 AM (3K4hn)

71 It's only a matter of time before Guilder and Florin are admitted to the EU. Then we'll see some fun.

Posted by: sifty at June 08, 2010 10:31 AM (THtiV)

72
Daddy, can we go to Estonia instead of Kenya to celebrate your marriage to mommy?

Posted by: Malia at June 08, 2010 10:31 AM (v1gw3)

73 Monty rocks.

Posted by: sifty at June 08, 2010 10:32 AM (THtiV)

74

Estonia has not only done what every EU member should have been doing all along, they've also implemented a flat tax and lately have been decreasing the tax rate. And their timing looks to be perfect. When they convert to euros at the end of the year, it looks like they'll be getting a lot of them.

There is a downside to all of this Estonian goodness, however:

http://tinyurl.com/24fww78

 

Posted by: FireHorse at June 08, 2010 10:32 AM (cQyWA)

75
Daddy, were you ever a witch doctor in Kenya?

Posted by: Malia at June 08, 2010 10:32 AM (v1gw3)

76

OOooohh looka, Godzirra! He come to save us fromu  YOUVEE skin cancah! We mustsu to stand in da protective shade of his footsu!

Posted by: Startled Japanese-Estonian Sarariman at June 08, 2010 10:33 AM (IsLT6)

77 The Fool (Silver) = 1/10 oz silver (about $2)
The Idjit (Silver) = 10 Fools
The Cretin (Gold) = 10 Idjits (1/10 oz of gold)
The Dullard (Gold) = 10 Cretins
The Moron (Gold) = 10 Dullards
The Buffoon (Gold) = 10 Morons, used only for large transactions and bribes, and the only Moron Nation money to exist in paper-based form (as a warehouse-receipt for actual Gold Morons in deposit)

Posted by: Monty at June 08, 2010 02:30 PM (4Pleu)

Too metric.  This is America, dammit.

Posted by: Herr Morgenholz at June 08, 2010 10:35 AM (5aa4z)

78

Hi-five...very nice!

 

 

Posted by: dananjcon at June 08, 2010 10:36 AM (pr+up)

79
Daddy, Aunt Zetuni told mommy she has a great job. 

Posted by: Malia at June 08, 2010 10:36 AM (v1gw3)

80 The coinage (no paper money here) will be as follows:

I find this system excessively metric and therefore too French. 

The Moron should be 12 Dullards while the Buffoon is 8 Morons.

Posted by: damian at June 08, 2010 10:36 AM (4WbTI)

81 Dammit Herr.

Posted by: damian at June 08, 2010 10:36 AM (4WbTI)

82 Fools' Silver?

Posted by: HeatherRadish, Häßlich-Amerikaner at June 08, 2010 10:37 AM (mR7mk)

83 Monty, can you make change for a Dipshit?

Posted by: Obama at June 08, 2010 10:37 AM (THtiV)

84

Posted by: Monty at June 08, 2010 02:30 PM (4Pleu)

What is the face value for an Obama?

Posted by: always right at June 08, 2010 10:39 AM (HmCnI)

85

Too metric.  This is America, dammit.

Posted by: Herr Morgenholz at June 08, 2010 02:35 PM (5aa4z)

I disagree, what do most morons have 10 of. Toes, it couldn't be simpler.

Posted by: robtr at June 08, 2010 10:39 AM (fwSHf)

86 Too metric. This is America, dammit. I guess we should go by weights rather than fixed exchange-rates between coins. (We want to avoid the bimetallism problems -- Gresham's Law). I would fix the Gold Moron at 1 oz fine gold, and the Idjit at 1 oz fine silver. The other coins would be issued at fractional weights of these benchmark coins, not at fractional values.

Posted by: Monty at June 08, 2010 10:39 AM (4Pleu)

87 I think an Obama gets you 4 Hopes, 3 Changes, and a spot on the bread line.

Posted by: sifty at June 08, 2010 10:39 AM (THtiV)

88

The ablative case is a barbaric relic of the Bronze Age that somehow survived in Italic languages down to the point when Roman grammarians codified the Latin language. It was identified by the mediaeval Church as a torture device and banned.

The Greeks sensibly abandoned it, overloading the genitive for most of its functions.

Ablative is used after propositions like ex and ab, "out of" or "from"; also, after "de", which means "concerning" or "about". Mediaeval Latin later used the "de" construct to replace the genitive, I assume because they didn't want to do anything much like what those heretical Orthodox Greeks did.

Anyway, so I was guessing that "by the grace of God" would be an ablative.

Posted by: Zimriel at June 08, 2010 10:41 AM (9Sbz+)

89

I think an Obama gets you 4 Hopes, 3 Changes, and a spot on the bread line.

....4 Hopes, 3 Changes, 2 Empty Value-Rite bottles, and a spot......

Posted by: always right at June 08, 2010 10:44 AM (HmCnI)

90 Estonia? What about Freedonia?

Posted by: TheQuietMan at June 08, 2010 10:44 AM (1Jaio)

91 and you learn something everyday ...

Posted by: Jean at June 08, 2010 10:44 AM (mtAmx)

92
The ONT: backed by stompy boots and pudding futures. Its value allowed to float relative to boob pix, midget pron, chocolate shout outs and shocking YouTube videos.

Posted by: Atomic Roach at June 08, 2010 10:45 AM (Oxen1)

93 Anyway, so I was guessing that "by the grace of God" would be an ablative. Dei Gratia>/i>? I never was good at Latin.

Posted by: Monty at June 08, 2010 10:46 AM (4Pleu)

94

MONTY HOW DO YOU SAY THE "12 MONTHS" IN ESTONIAN?

 

The EU let them in for comedy's sake

http://tinyurl.com/c2hqpd

 

Posted by: Ben at June 08, 2010 10:47 AM (wuv1c)

95

Wait until they admit Stankonia to the EU

Posted by: Ben at June 08, 2010 10:48 AM (wuv1c)

96

How's about for Aµ for the symbol for this money?

(I figure "A" for Ace, and the greek "m" could be both for the unit and its developer. Put them together and it kinda looks like "Au," the chemical symbol for gold.)

Posted by: FireHorse at June 08, 2010 10:48 AM (cQyWA)

97 Bless you for the econ posts, Monty.

Posted by: Rat Patrol at June 08, 2010 10:49 AM (dQdrY)

98 How's about for Aµ for the symbol for this money? I endorse this idea. My photoshop skillz are negligible, but this is one of the cases where I wish I could gin up some decent mock-ups of the coins. The jokes just write themselves. Maybe Slu will indulge us?

Posted by: Monty at June 08, 2010 10:50 AM (4Pleu)

99

Yeah, Dei Gratia is the standard church-latin way of doing it. Dei is the genitive which is the Latin way of signifying possession.

Posted by: Zimriel at June 08, 2010 10:51 AM (9Sbz+)

100 Posted by: Monty at June 08, 2010 02:30 PM (4Pleu)

Threadwinnah!!

Posted by: Soon to be Ex-ExZonie at June 08, 2010 10:54 AM (as47X)

101 We will need smaller coins too. I suggest the Shirt and the Knowledge, because the guys get Shirts, and you need to put me some f'in' Knowledge.

Posted by: The Chap in the Deerstalker Cap at June 08, 2010 10:54 AM (qndXR)

102 Now write out Ace Dei Gratia Rex Fatuorum 100 times or I'll cut your balls off.

Posted by: Zimrielus, Centurion of the Xth Legion at June 08, 2010 10:55 AM (9Sbz+)

103 Semper Ubi Sub Ubi

Posted by: Waterhouse at June 08, 2010 10:57 AM (xOTwH)

104 44 In domestic news, if you want to keep your insurance, tough shit.

Posted by: HeatherRadish, Ugly-American at June 08, 2010 02:17 PM (mR7mk)

From your link:

A cadre of employers and trade associations, including 7-Eleven, LoweÂ’s, the National Restaurant Association, the National Retail Federation and the U.S. Chamber of Commerce, have asked the administration to allow the plans — at least through 2014, when the insurance exchanges are set up and tax credits become available for low-wage workers. 

[. . . ]

If the ban is strictly implemented, “this population would likely be left with no coverage until 2014,” employer groups wrote last week in a letter to Health and Human Services Secretary Kathleen Sebelius and Labor Secretary Hilda Solis. “While it surely was not the intent of Congress or the administration to increase the number of uninsured, this provision will likely produce exactly this result for some of the most vulnerable of our population, e.g., lower-wage, part-time, seasonal and temporary workers who can only obtain and afford limited-benefit medical insurance coverage.”

LOL that was a good one! Everyone knew that was the very purpose of the bill!

Posted by: Soon to be Ex-ExZonie at June 08, 2010 10:57 AM (as47X)

105 I think you should use ace's logo with the au on the forhead

Posted by: robtr at June 08, 2010 10:59 AM (fwSHf)

106 We will need smaller coins too. A Fool is only 1/10 oz of silver (about $2 currently). Smaller coins would be too small to handle, and I don't want to muck things up by introducing copper coins into the mix. If there is a market for such, it will materialize -- remember, our currency-market is privatized. Any company can jump in with their own (asset-backed, of course) currency.

Posted by: Monty at June 08, 2010 11:01 AM (4Pleu)

107 also what demonination would be flaming skull be?

Posted by: robtr at June 08, 2010 11:02 AM (fwSHf)

108

Meanwhile, the Swiss National Bank has been buying up Euros. Either the yodelers think that Euros are an awesome investment, like, totally sweet; or else they've been trying to prop up the Euro's value (failing at it, but n/m that).

On the assumption that there's no saving the Euro - and most of us morons agree on that - why are the Swiss even bothering at this point?

Because the Sikhs shouln't be having all the fun. That's why!

Posted by: The InterEuropean Swiss Conspiracy at June 08, 2010 11:03 AM (R2fpr)

109 23 The whole goddamn world has gone completely motherfucking insane. is falling into chaos. 

FIFY.


Posted by: Kratos (missing from the side of Mt Olympus) at June 08, 2010 11:04 AM (9hSKh)

110

also what demonination would be flaming skull be?

Zoroastrian

Posted by: Ben at June 08, 2010 11:04 AM (wuv1c)

111

We will need smaller coins too.

A Fool is only 1/10 oz of silver (about $2 currently). Smaller coins would be too small to handle, and I don't want to muck things up by introducing copper coins into the mix. If there is a market for such, it will materialize -- remember, our currency-market is privatized. Any company can jump in with their own (asset-backed, of course) currency.

 

Smaller denominations could include the chump (1/50 oz) used for making change. An alternate smaller denomination is the skittle, used for paying off  the 'other' type of Moron.

Posted by: The InterEuropean Swiss Conspiracy at June 08, 2010 11:05 AM (R2fpr)

112

Meanwhile, the Swiss National Bank has been buying up Euros. Either the yodelers think that Euros are an awesome investment, like, totally sweet; or else they've been trying to prop up the Euro's value (failing at it, but n/m that).

They are just pissed by the public reaction to Helen Thomas's comments. They were hopeful the jews would come back to Poland and Germany. For whatever reason they seems to see it as profitable...

Posted by: Ben at June 08, 2010 11:06 AM (wuv1c)

113

Smaller denominations could include the chump (1/50 oz) used for making change. An alternate smaller denomination is the skittle, used for paying off  the 'other' type of Moron.

Actually I think the Iraqi Dinar is pegged to the Skittle.

Posted by: Ben at June 08, 2010 11:07 AM (wuv1c)

114

"His other titles include   Lord of the Ewoks and The Terror of the Transient"

Don't forget - Hammer of the Hobos


 

 

Posted by: gebrauchshund at June 08, 2010 11:08 AM (d7k0J)

115

Moron related: Jules Crittenden has on his site a survey of naughty language usage on web sites. This is broken down into left and right wing sites. My fellow Morons, we are #1, at least on the right. I chose not to besmirch myself looking over at the left.

Posted by: The InterEuropean Swiss Conspiracy at June 08, 2010 11:10 AM (R2fpr)

116

"Actually I think the Iraqi Dinar is pegged to the Skittle."

So are we having Skittles for dinar?

Posted by: gebrauchshund at June 08, 2010 11:13 AM (d7k0J)

117 Jean-Claude Trichet

the name Trichet looks and sounds way too much to me like tricher, which is the French verb to CHEAT.

Posted by: ParisParamus at June 08, 2010 11:20 AM (bN5ZU)

118 What does Estonia have against itself?

Posted by: Randall Hoven at June 08, 2010 11:31 AM (R7b2F)

119 Don't make fun of Estonia, it's probably the most capitalist free market country in Eastern Europe and about as anti-communist as Europeans could get. The EU is in such desperate financial shape that they want as any countries with relatively stable currency, like the Kroon, piling into the Euro to prop it up.

Posted by: Blue Falcon in Boston at June 08, 2010 11:31 AM (ijjAe)

120

That 'cocks taste good' link above has me rethinking all my criticism.

I am moving to Estonia.

Posted by: Entropy at June 08, 2010 12:07 PM (IsLT6)

Posted by: RayJ at June 08, 2010 12:59 PM (YcjCJ)

122 Holy shit!
When Larry Kudlow says the economy is screwed, we truly and utterly screwed.

Posted by: RayJ at June 08, 2010 01:02 PM (YcjCJ)

123 As someone who enjoys vacationing in Europe, I support the Euro's current position. The hotel rates in U.S. dollars are sweet right now.

Posted by: Illinidiva at June 08, 2010 02:28 PM (9ubSc)

124 That Kudlow is off the pipe is chilling. His unrelenting optimism is fun to watch. "Kudlow! We've hit an iceberg!" "OmiGod! Titanic stock will be unbelievably cheap tomorrow!"

Posted by: redclay at June 08, 2010 05:35 PM (s011Y)

125 xxx

Posted by: Fish at June 10, 2010 01:26 PM (v1gw3)

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