Saturday, July 16, 2016

[nidokidos] What is Inflation and Recession?

 


Wife to her Accountant husband: 
what is inflation?
Husband: 
Earlier you were 36-24-36. But now you are 48-40-48. 
Though you have everything bigger than before, your value has become less than before. 
This is INFLATION
 !
 
Economics is not that difficult if we have the right examples.
Interviewer: 
What is Recession?
Candidate: 
When "Wine Women" get replaced by "Water Wife", that critical phase of life is called RECESSION !
 Accountancy fact:
What is the difference between Liability Asset?
 A drunk friend is liability.
But, A drunk Girlfriend is an Asset.


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