Wednesday, December 3, 2008

Science Solves the Credit Crunch


Today, I found an interesting and fun piece by BottleBlondSurfer on the GreatWriting Forum where I posts some of my works to sometimes.

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As the world wide credit crunch seems to have confounded the best economic minds around. Politicians have been turning their attention to science in the desperate hope of finding some answers.

After the scientists were briefed and told how economics works and what money is and what you do with it, they tackled the problem by applying well-known formulae to it.

"We have with us Dr Fortescue who will explain his theory”

“Thank you, well standard classical physics tells us that P equals E over t as you see on the graph.

P = E/t

In this equation P is power and E is energy and t is time, but economic law tell us that Time is money, and knowledge is power. So if we substituted these values in our classic equation we then get this, second equation

K=E/M

where k equals knowledge and M equals money. So then solving this formula we get

M=E/K "

“Yes doctor I can see the equation but I can’t see how this solves anything”.

“Well it might not solve the problem but is does explain one thing. If we look at the equation we see that as knowledge approaches zero, money approaches infinity ,regardless of the energy expended. Now this does go some way to explain the salaries of the bankers who caused this crisis"

"Thank you Doctor. It's reassuring to know that science will always come up with the answer"