Tuesday, March 17, 2009

New Disney Exhibit Focused on Depression Economics

Walt Disney announced the creation of a new exhibit at EPCOT Center entitled called "The Great Piggy Bank Adventure."

According to the press release, The Great Piggy Bank Adventure will offer advice on four key financial themes:
  1. Setting goals
  2. Saving and spending smartly
  3. Staying ahead of inflation
  4. Diversifying your investments
According to my unofficial, imaginary sources, Theme #3 will be focused around kids stuffing money under a mattress as fast as they can as the world around them collapses into a deflationary spiral.

Disney officials are also reportedly toying with the idea of dropping newly printed money from the sky, to show kids that there is nothing you can do when your government decides to debase your own currency.

For Theme #4, I'm going to offer up a suggestion - why not have the kids carefully diversify their hard earned money into uncorrelated asset classes.  Then drop every asset class by 50% at the same time, and ask them how diversification worked out.

Shout out to my friend and regular reader Marc for pointing out this gem of a news story.

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