
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.
