Editing 497: Secretary: Part 4

Jump to: navigation, search

Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.

The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then save the changes below to finish undoing the edit.
Latest revision Your text
Line 23: Line 23:
 
The reference to gold touches on Ron Paul's desire to see monetary policy once again be driven by the gold standard, namely that a country's currency value be driven not by its economic activity, but by the amount of physical gold it owns. Earlier in American history, this was the case; owning a dollar would (in theory) be owning one dollar's worth of gold somewhere in the treasury. This is in contrast with the current international practice, where countries are able to print an arbitrary quantity of paper money that is not necessarily backed by physical gold. Adherence to the gold standard is an extreme minority view; most economists, and the population at large, agree that the current system is much better.  This may also be a reference to the final scene in {{w|The Italian Job}}, where the heroes face a decision over losing a large quantity of gold or death, or a reference to {{w|The Mysterious Island}}, where the survivors have to drop the gold in their hot air balloon to prevent losing altitude.
 
The reference to gold touches on Ron Paul's desire to see monetary policy once again be driven by the gold standard, namely that a country's currency value be driven not by its economic activity, but by the amount of physical gold it owns. Earlier in American history, this was the case; owning a dollar would (in theory) be owning one dollar's worth of gold somewhere in the treasury. This is in contrast with the current international practice, where countries are able to print an arbitrary quantity of paper money that is not necessarily backed by physical gold. Adherence to the gold standard is an extreme minority view; most economists, and the population at large, agree that the current system is much better.  This may also be a reference to the final scene in {{w|The Italian Job}}, where the heroes face a decision over losing a large quantity of gold or death, or a reference to {{w|The Mysterious Island}}, where the survivors have to drop the gold in their hot air balloon to prevent losing altitude.
  
The title text refers to the line of virtual light that streams out from the back of Tron's light grid vehicles. Normally it is a single, solid color, but in the comic, it is the colors and form of the American flag to show Ron's patriotism.
+
The title text refers to the line of virtual light that streams out from the back of Tron's light grid vehicles. Normally it is a single, solid color, but in the comic, it is the color of the American flag to show Ron's patriotism.
  
 
==Transcript==
 
==Transcript==

Please note that all contributions to explain xkcd may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see explain xkcd:Copyrights for details). Do not submit copyrighted work without permission!

To protect the wiki against automated edit spam, we kindly ask you to solve the following CAPTCHA:

Cancel | Editing help (opens in new window)