If you have a golden pie worth a million dollars,
and you cut the pie into four slices, then,
each slice would be equal (==) to a quarter million dollars.
IOW, the value of a 'slice' would be $250k.
Now, the population can not own a 'slice', but can only purchase a certificate for a 'slice' to use for exchanging. It would cost them $250k for each certificate of a 'slice'.
Now, obama comes along, or his fed, or whatever, the head bottle washer and pie cook, decides to cut the pie into 10 'slices'. Now, the exchange rate for a certificate (pie) is $10k.
I'm sitting down here in Texas, fat, dumb, and stupid, minding my own business, and I read in the paper where the exchange rate for my pie certificate is now only worth $10k as opposed to the $250k that I spent on my pie certificate.
Now, I'm fat, dumb, stupid, and a whole more 'broker'.