There's no doubt that advertising has done a lot of good for all of us, even though we grumble about it now and then. The other day I was flying into Chicago from Omaha and read a very interesting ad which appeared in the Chicago Tribune. It was written as a fable or fairy tale, but it packed a great message, and I'm sure a lot of people benefited from it. Let me read it to you. The title is, The King Who Pumped Too Much Money Into His People. It seems that once there was a king named Joseph the fourth. He loved his people so much that he was always trying to do things for them. Everybody called him good old Joe. One day the royal privy council appeared before him and said, good old King Joe, our ears have been to the ground and we've heard rumblings of hard times. Well, beamed the king, we can't have that, and he went into his pump room and pumped a new supply of money into the economy. Whereupon the royal privy councillors marveled and shouted hooray, all except a skinny little sub-councillor named Sadly, who was kept around to balance the books and do other menial chores. Go easy on that pump, King, said Sadly, for it's written there is such a thing as too much of a good thing, but nobody heard him. And soon it was harvest time, and again the royal privy councillors appeared, and this time with grave news that the farmers had produced more food than the people could eat and had no market for it. So good old Joe went out to his royal balcony and proclaimed a royal subsidy, saying he'd pump out more money and buy all the crops the farmers couldn't sell, and many farmers shouted bravo. Well, the chief royal councillor shouted, pump out a little more this time, King, and prices climbed sharply during the third quarter, and Sadly, the skinny little sub-councillor moaned, well, you've done it again, but they didn't hear him. Soon the councillors were back again with the news that the guilds were insisting on the hiring of two men for one man's job, but the king liked to have his people have it soft, and he thought that was fine. But this time our friend Sadly stood up and looked the king in the eye, and he said, King, when you force the manufacturers to pay through their nose, they have to raise prices, and when prices go up, wages have to go up, which makes prices go up, which makes wages go up. But the king stopped him and said, I won't have that, that's inflation. That's right, said Sadly. Inflation is started when excess money is pumped into the people, when crops that have no demand are bought with government funds, when two men are allowed to be paid for the work of one. Sad to relate, our friend Sadly went on, you can't create wealth simply by creating dollars. Our real wealth stems from our production of goods and services. Dollars are only a common denominator for trading them. And he went on to explain to the king that if dollars are increased without increasing production proportionately, there's excess money and prices go up. Well, the king saw the wisdom of Sadly's counsel, and he kicked all of his other so-called councillors out of the castle, and he promoted Sadly to the job of new chief royal privy councillor. Well, after I read the ad and enjoyed it, I sat there on the airplane for a while and wondered, how many people would have read it if it had been written as a learned treatise on economics? I wonder. Well, I'll be back in just one minute. The moral of our little story is, to do your part in curbing inflation, know the facts and speak up loud enough to be heard in high places. I like this story, and I'm sure you liked it too. This is Earl Nightingale. Thank you.