Central Bwankers
- Score:
- rated 4.42 / 5 stars
- Views:
- 159,568 Views
- Share Links:
- Genre:
- Comedy - Original
- money
- loop
- bank
- finance
Credits & Info
- Uploaded
- Jul 18, 2012 | 7:43 AM EDT
- File Info
- Movie
- 4.3 mb
- Weekly Users' Choice July 25, 2012
- Daily Feature July 19, 2012
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Author Comments
Central Bankers meet to decide the fate of the economy.
It loops, but there are differences in each repetition.
Reviews
Rated 4 / 5 stars July 22, 2012
*Explosion sound effect*... money...
lol
Rated 4 / 5 stars July 20, 2012
You haven't taken Economics, have you?
As much as I enjoy your Flashes, I'm afraid there were a few things wrong with this. The central banks have no say in fiscal policy, which includes balancing the budget, cutting/hiking taxes, increasing/decreasing gov't spending, and overall handling deficits, debt, and surpluses; those are policy levers for the government. The central banks are in charge of monetary policy, which include levers such as slowing down the increase of money, or speeding it up, which is achieved through selling/buying bonds, raising/lowering the required reserve ratio, printing less/more money, and raising/lowering the federal discount rate respectively. I know that printing more money may not reflect well on the international market, but keep in mind that most gov'ts are (and should be) focused on domestic economic problems rather than what a few other countries will make of it; that comes later. Not only that, but when the economy is struck down into a recession, you need stimulus to get it out of the rut, and printing money is just that, and 3 months is not nearly enough time for the multiplier effect to show through. The only other solution is to have money be created in a predictiable fashion over a certain period of time, which would allow businesses to plan their actions and pursuits accordingly, which was probably the message that the Chairman was trying to get across before the rest of the CBs fell asleep. There are many different policy levers to be used in several schools of thought, but naturally, they don't always work, and when they don't, the best solution is to just wait. A funny Flash, nonetheless. 4/5
This is about the ECB, which constantly bails out countries every few months and does, or would like to anyway, dictate policy for much of Europe. I didn't say ECB anywhere because I think much of it is relatable in other countries.
Rated 4 / 5 stars July 19, 2012
Zombie Banks.
1. Banks take terrible financial risks and loses
2. Banks go bankrupt
3. If a bank is bankrupt, it is essentially deceased
4. If a bank is allowed to remain deceased, entire financial industry will collapse
5. If entire financial industry collapses, as pertains to the USA, the world will collapse
6. USA citizens enjoy a world in its un-collapsed form
7. USA government employs revival strategy: bail-outs
8. Banks receive bailout and are revived from the dead.
9. Banks are now zombies as defined by the risen dead.
Hilarious as usual and I appreciated the intellectual humour
Rated 4 / 5 stars July 20, 2012
Raptor Jesus is the best thing of the entire animation
Rated 4 / 5 stars July 19, 2012
To be honest, there are not doing shit.