I saw some two-dollar bills, today. They were for sale for eight dollars. Something went severely wrong there. What happened? It spun out of control. Now it's worth eight, still says 'two'.
About this quote
- What does it mean?
- Hedberg observes the irrationality of inflation or counterfeit currency where a two-dollar bill costs more than its face value.
- In plain terms
- Something is wrong when a two-dollar bill costs eight dollars.
- What can you take from it?
- Value should match price.
Where it applies
Putting it to work
Questions to consider
- When have you noticed a price that made no sense?
Another view
This situation is hypothetical and not common in reality.
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