Post #4303124 · Elektrine

2026-07-24 07:28 UTC

@GeofCox@climatejustice.social I like the canal analogy. Money is the water in the canal. The government pumps it in at the top and it flows out as tax a the bottom. Controls are required to keep the canal from running dry or flooding. It becomes obvious that individuals taking water out of the canal and hoarding it is a bad thing. Giving more money to people who spend it is not.

Replies (4)

@GeofCox@climatejustice.social 2026-07-24 07:31

@markmason@mas.to I hadn't heard that - it's good.

Open ##4303125
@patrickhadfield@mastodon.scot 2026-07-24 08:38

@markmason@mas.to @GeofCox@climatejustice.social I seem to recall that the first "economic models" were basically plumbing, with water representing the financial flows and various tasks and levers to model the effect of policy. (Now I have to go and find an image or something to prove I wasn't dreaming this...) Here we go... https://en.wikipedia.org/wiki/Hydraulic_macroeconomics

Open ##4303128
@khleedril@cyberplace.social 2026-07-24 11:26

@markmason@mas.to @GeofCox@climatejustice.social The Bank of England had a model of the economy made of water flowing through tubes. Seriously.

Open ##4888721
@peterfisherbooks@disabled.social 2026-07-24 12:18

@markmason@mas.to @GeofCox@climatejustice.social does the crypto currency fad equate to teeming acid rain polluting the canal in this analogy?

Open ##4888722