Right, I am slow, but I am also thorough! I have finally figured what was it that led to the global financial meltdown. Here goes:
- you buy a lot of stuff which is of zero value
- you sell these for a price to a bunch of people
- these people then sell them off to others at a slightly higher price
- and this goes on ad infinitum
fn (wealth) = (value of initial stuff bought) to the power infinity
In elegant mathematical symbolical representation, the equation looks like this:
fn (W) = (0) ^ ∞
The whole problem was a misunderstanding. If you solve the equation, do you get 0 or do you get ∞?
Now, to wait for my phone to ring to tell me they're giving me the Nobel! In the meantime, I am open to offers of lectures and keynotes.
No comments:
Post a Comment