However when he was little, he seriously had a notion that he knew all there is to Economy.
According to him, the A-Z of Economy was this:
Government prints money.
Daddy works for government.
Daddy keeps working for government, so government keeps printing money to pay daddy and other government employees.
So money keeps flowing into the economy.
And they all (milkman, grocer, and other components of the Economy) lived happily ever after!
At that time, the language of my thoughts wasn't as sophisticated as 'money flows into the economy', but idea or gist of 'how money comes into the world' was same :).
So much for the great economists of the world trying to figure out how to pump more money into the economy these days! The answer is simple!
"Employ more government servants ;)!"
Just ask Little Stupid to solve your Big Problems!
Hey wait, wasn't privatization the key to economic salvation? How did it come down to employing more government babus again? Damn!