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Results 1 to 4 of 4
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29th December 2011, 01:10 PM #1
Retro Phrenologist
- Join Date
- Oct 2009
- Location
- Springfield NSW
- Age
- 71
- Posts
- 0
So this is how it works... the economy
It's a slow day in the small town of Pumphandle and the streets are
deserted. Times are tough, everybody is in debt, and everybody is living
on credit.
A tourist visiting the area drives through town, stops at the motel, and
lays a $100 bill on the desk saying he wants to inspect the rooms upstairs
to pick one for the night.
As soon as he walks upstairs, the motel owner grabs the bill and runs next
door to pay his debt to the butcher.
(Stay with this.....and pay attention)
The butcher takes the $100 and runs down the street to retire his debt to
the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his
supplier, the Co-op.
The guy at the Co-op takes the $100 and runs to pay his debt to the local
prostitute, who has also been facing hard times and has had to offer her
"services" on credit.
The girl rushes to the hotel and pays off her room bill with the hotel
Owner.
(Almost done...keep reading)
The hotel proprietor then places the $100 back on the counter so the
traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms
are not satisfactory, picks up the $100 bill and leaves.
No one produced anything. No one earned anything. However, the whole town
now thinks that they are out of debt and there is a false atmosphere of
optimism and glee .
And that, my friends, is how a "stimulus package" works!
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29th December 2011, 01:53 PM #2
Nah that's the story of a pimp and the oldest business in history
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8th January 2012, 11:43 AM #3
sad but true, especially if you look into fractional banking
Inspiration exists, but it has to find you working. — Pablo Picasso
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8th January 2012, 07:46 PM #4
Although they are out of debt..the motel owner is out $100...instead of getting $100 from the tourist AND $100 from the pro......$200......he only has $100 to clear his debt to the butcher.
Unfortunately it looks good but doesn't really work. The motel owner now has to go into debt to get more meat from the butcher and the pro has to get some more meat from the Co-Op guy...
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