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  1. #1
    Join Date
    Oct 2009
    Location
    Springfield NSW
    Age
    70
    Posts
    1,007

    Default 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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  3. #2
    Join Date
    Oct 2007
    Location
    Yarram
    Age
    63
    Posts
    2,207

    Default

    Nah that's the story of a pimp and the oldest business in history

  4. #3
    Join Date
    Jul 2005
    Location
    Flinders Shellharbour
    Posts
    5,693

    Default

    sad but true, especially if you look into fractional banking
    Inspiration exists, but it has to find you working. — Pablo Picasso


  5. #4
    Join Date
    Jul 2003
    Location
    Riverhills, Brisbane
    Age
    64
    Posts
    1,216

    Default

    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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