Someone sent me this story a while ago and I re-read it this morning. It really does capture the idea that money has no value unless it circulates.

It's a slow day in some 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 the west is driving through 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 and 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 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 traveler comes down the stairs, picks up the $100 bill, states
that the rooms are not satisfactory and pockets the money and 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.


 

 

2 Comments on Money must circulate to have value: a story

NOV
21
2010
579,189 Points 7 Featured Posts Outside Blog Called Shot Master

There's one thing missing from this story. Everyone owes taxes. 
3:27pm • #1
193,428 Points 6 Featured Posts

Joetta...THAT was funny....(and true)
3:31pm • #2


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