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Economics Explained

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  • Economics Explained

    It's a slow day in this little town.

    The sun is hot.... the streets are deserted.

    Times are tough, everybody is in debt, and everybody lives on credit.

    On this particular day a rich tourist from back west is driving thru town.

    He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher.

    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 at the feed store.

    The guy at the Farmer's 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.

    She, in a flash rushes to the motel and pays off her room bill with the motel owner.

    The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything.

    At that moment the the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves.

    NOW, no one produced anything...and no one earned anything...however the whole town is out of debt and is looking to the future with much optimism.

    And that, ladies and gentlemen, is precisely how Governments are conducting business today!

  • #2
    Originally posted by 1of1 View Post
    It's a slow day in this little town.

    The sun is hot.... the streets are deserted.

    Times are tough, everybody is in debt, and everybody lives on credit.

    On this particular day a rich tourist from back west is driving thru town.

    He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher.

    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 at the feed store.

    The guy at the Farmer's 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.

    She, in a flash rushes to the motel and pays off her room bill with the motel owner.

    The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything.

    At that moment the the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves.

    NOW, no one produced anything...and no one earned anything...however the whole town is out of debt and is looking to the future with much optimism.

    And that, ladies and gentlemen, is precisely how Governments are conducting business today!
    LoL! nice!
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

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    • #3
      Well, the whole town was never really in debt in the first place.

      Not quite the same as what governments do when they create money out of thin air.
      "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

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      • #4
        Smoke and mirrors!

        The motel owner lucky someone never just tek it to a bank to get some interest and pay off dem debt later.

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