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A Dead Economy
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- Man, it's too bad that John died...If only inflation was lower, the hospital could have purchased better equipment while saving money. But I guess the high price index values for medical equipment means that no matter where they bought the equipment from, the equipment was going to be expensive.
- "A Dead Economy" By Sean Collins
- Yeah, but I'm sure that the stress of the medical bills is what REALLY killed him. After all, the inflated medical equipment cost are passed down to the patient, resulting in a high average Consumer Price Index cost for John's medical care.
- I guess the hospital was just trying to save money when they bought the bad equipment. They could have done this through second hand purchases of the medical supplies from a seller that is not the producer, or they could have made nonmarket transactions by receiving equipment donations or buying from the black market.
- If either of those situations were the case, that sale would not be included in the GDP, which is the formal value of goods and services within a country.
- Well, no matter how the machinery was bought, we need to accept that John is dead now, there's nothing we can do.
- You know, I feel better now. As long as the economy is happy, I'm happy.
- Yeah, we need to stay positive. Just remember, the unemployment rate will go down now that John, that jobless deadbeat, can't look for work any longer without being employed. So in a way, his death helps the economy, at least according to the unemployment rate.
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