The old Cherokee

One evening an old Cherokee told his grandson about a battle that goes on inside people. He said, "My son, the battle is between 2 wolves.

"One is Evil. It is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority and ego.

The other is God. It is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion, and faith."

The grandson thought about it for a minute and then asked his grandfather, "Which wolf wins?"

The old Cherokee simply replied, "The one you feed."

Economics for dummies - Part II (Petro Bucks)

In my post some time back I had talked about how the people of Squanderville sold bonds to Thriftsville to support their squanders. However that is not the only option Squandervillians have. Below is an oversimplified version of the other option that a country can take. It is, what I call a dummies version of this story. Read along to know what we are headed for.

Any sane civilization with some self-respect and dignity eventually goes to war, killing its own people and leaving the survivors in suffering. It was in those times that the United States of Warriors realized that they can make some money. Warriors supplied arms and ammunitions to its allies for gold, by the time the war was over, Warriors had amassed enough gold that their currency was seen as more stable than Gold. Oil, which everybody needs began to be traded in WarBucks (Currency of Warriors) just because the currency was percieved stable. The demand for WarBucks, therefore started rising, Warriors made use of the oppurtunity and started printing WarBucks and bought stuff with them. In effect they bought stuff for free! (If you are wondering why cant everyone do this, well, read Part I. In short, if I start printing currency and start buying stuff with it, the people who have got my currency will come back to me and want to buy some other stuff with it, if I print too much of my currency there will be too much money chasing the limited amount of stuff I have and will result in things getting more expensive - Inflation. WarBucks however, were used by others to buy not stuff at home but oil elsewhere thus no inflation)

Soon everyone has loads of WarBucks that they use to buy Oil. Now the United Emirates of Oilers decide to stop trading in WarBucks and use NewBucks, suddenly the world realises that they cannot do anything with WarBucks and they want to sell the WarBucks. WarBucks fall steeply against NewBucks, Warriors do not have enough stuff to sell if the countries decide to sell WarBucks for WarStuff. Essentially Warriors can go bankrupt. What are the options they have:
1. Start producing stuff, and do that more economically than others to make it economically viable for others to buy. Which also means that the cost of labour has to go down drastically (They obviously had been squandering all along with free stuff they had been buying with WarBucks)
2. Do what they are best at doing: Go to war, thereby forcing all its allies to use WarBucks again.

Option 2 obviously sounds much more sensible, doesnt it?

Movies: Life Is Beautiful

When:

This was a movie I saw with APS @ his hostel in IIT D. I saw this movie back to back with Schindler's List and Rise of the Evil both of which are also in my favorite list. Apart from the movie being just wonderful and possibly my #1 the watching of the movie itself was just wonderful and memorable.

Why:

I liked the movie because of its EXTREME simplicity. Of late I have realized that I see beauty in simplicity, the most beautiful to my mind are not the most exquisite and elaborate but the simplest. The wonderful music that plays in the background is also one of the highpoints of the movie.

What:

The movie revolves around a guy who believes that life is beautiful, through pain and despair he keeps smiling and brings hope to his loved ones and people all around him. It shows the power love has, it is love which gives him his ability to smile.

Wonderful movie... And I believe it too.. that life is beautiful... Just because there is always hope.... And love...