Topic: Monkey Parable

1 chapters across the catalog

Save This Polar Bear
Episode 63 1:29:54 - 1:31:51

63: Save This Polar Bear

Monkey Parable, Financial Bailout, Market Manipulation

Adam Curry recounts a parable about a man buying monkeys from a village at increasing prices to illustrate the mechanics of the financial bailout. In the story, an assistant sells the villagers their own monkeys back at a "discount" before both con artists disappear, leaving the villagers with worthless assets.