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06-13-2009, 02:20 PM
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#1 | | Head of HR....have a seat on that couch
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| Need $100
From another site... Quote:
It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town. No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.
Apparently that, ladies and gentlemen, is how the United States Government is doing business these days.
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Originally posted by v.b.
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fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lol
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haha i can taste the cum in my mouth
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when I was 13 I wanted to be a video hoe so bad RSUV #7 | 
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06-13-2009, 02:51 PM
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#2 | | Everyone wants a piece of R S...
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or the hotel proprietor could of just kept the money at the end
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06-13-2009, 04:52 PM
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#3 | | Banned (ABWS)
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isn't there interest too....so wen the rich guy lays down his 100 euro on the table .. in reality that starts building up interest
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06-13-2009, 05:28 PM
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#4 | | RS.net, helping ugly ppl have sex since 2001
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how the...??
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06-13-2009, 05:32 PM
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#5 | | HELP ME PLS!!!
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Well it makes total sense...interesting read though.
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06-13-2009, 05:43 PM
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#6 | | Need to Seek Professional Help
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that so stupid. None of them had any debt to begin with. If these 5 idiots had sat down and had a little chat, they would have saved a lot of time running around like retards.
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06-13-2009, 05:47 PM
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#7 | | Banned (ABWS)
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Originally Posted by Enecsver  that so stupid. None of them had any debt to begin with. If these 5 idiots had sat down and had a little chat, they would have saved a lot of time running around like retards. |  | |
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06-13-2009, 08:10 PM
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#8 | | My homepage has been set to RS
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Actually thats how the world runs in a nutshell. Of course you actually have interest, bankruptcies and so on to complicate the matter but straight and narrow. The world runs on credit.
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06-13-2009, 08:13 PM
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#9 | | RS Operative (G)
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wtf ?
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06-13-2009, 08:22 PM
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#10 | | Fanboy
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| "The Pig Grower"
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06-13-2009, 09:04 PM
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#11 | | Banned (ABWS)
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Originally Posted by invader "The Pig Grower" | It's a farmer that grows pigs. Everything comes from a seed.
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06-13-2009, 09:49 PM
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#12 | | RS has made me the bitter person i am today!
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hotel is short 100
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06-13-2009, 09:55 PM
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#13 | | WOAH! i think Vtec just kicked in!
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Originally Posted by Teriyaki Actually thats how the world runs in a nutshell. Of course you actually have interest, bankruptcies and so on to complicate the matter but straight and narrow. The world runs on credit. | ding ding ding
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06-13-2009, 10:32 PM
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#14 | | The RS Freebie guru
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Originally Posted by Teriyaki Actually thats how the world runs in a nutshell. Of course you actually have interest, bankruptcies and so on to complicate the matter but straight and narrow. The world runs on credit. | Yeah... except in this case, it's just a scaled down smaller localized version of it, which makes it "simple".
In the end, the world's balance HAS to be zero...
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06-13-2009, 10:51 PM
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#15 | | Banned By Establishment
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the only reason this works is because money is purely a placeholder.
it has no physical debt etc.
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06-13-2009, 11:40 PM
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#16 | | Unofficial Tin Foil Hat Specialist.
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interest = debt.  That's why we keep printing money.
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06-14-2009, 12:04 PM
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#17 | | 【=◈︿◈=】
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Originally Posted by ImportPsycho hotel is short 100 | The hell, no it isn't
the hotel proprietor gave away the 100 euros that he received in exchange for (supposedly) a room, and in the end he got it back cause the tourist didn't want a room
so he didnt rent out any rooms and he didn't receive anything
how's he short 100?
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06-14-2009, 03:14 PM
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#18 | | RS controls my life!
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that's how the whole economy works except not 100% on note
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06-14-2009, 04:20 PM
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#19 | | I don't like cheese but I love milk!
Join Date: Nov 2002 Location: Van
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How the heck are they "in-debt" to being with if they owe someone $100 but at the same time, someone owe them $100?
They start off with $0 wealth/debt, and ended up with $0 wealth/debt
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06-14-2009, 04:34 PM
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#20 | | Banned (ABWS)
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Originally Posted by Ferra How the heck are they "in-debt" to being with if they owe someone $100 but at the same time, someone owe them $100?
They start off with $0 wealth/debt, and ended up with $0 wealth/debt | are u stupid ? or can't read?
A owes B money
B owes C money
C owes D money
D owes A money
A took 100 dollars from the table then gives to B
B receiving the payment so he can now pay C
C then gets the 100 dollar and pays D
D owes A money so then D gives the 100 dollar to A
then A puts the money back on the table
can't believe people don't understand a simple example like this ....
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06-14-2009, 06:50 PM
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#21 | | I don't like cheese but I love milk!
Join Date: Nov 2002 Location: Van
Posts: 1,980
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Originally Posted by pandalove are u stupid ? or can't read?
A owes B money
B owes C money
C owes D money
D owes A money
A took 100 dollars from the table then gives to B
B receiving the payment so he can now pay C
C then gets the 100 dollar and pays D
D owes A money so then D gives the 100 dollar to A
then A puts the money back on the table
can't believe people don't understand a simple example like this .... | are YOU stupid or can't read ? Why are you trying to point out the obvious?? Do you understand or even read what I post?? 
Let me try to make this a bit easier to understand for you...
A owes B $100 and D owes A $100. This makes A's net worth = $0. None of the people in the example is really in debt. (are you really in debt if you owe someone $100 but the bank owe you $100? )
The tourist didn't magically make the debt problem disappear as the example try to suggest. And like someone has pointed out already, the tourist is irrelevant to being with. These people could've just gotten together and solve everything out.
There is a huge "multiplier" effect in our economy, but money just doesn't come up of nowhere.
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06-14-2009, 07:20 PM
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#22 | | HELP ME PLS!!!
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| Quote:
Originally Posted by Ferra How the heck are they "in-debt" to being with if they owe someone $100 but at the same time, someone owe them $100?
They start off with $0 wealth/debt, and ended up with $0 wealth/debt | exactly....
the correct story of how the United States Government is doing business these days.is more like this.... the us government owes 5 000 000 people 1 million each. US government prints 5 trillion dollars without adding any more gold to their stock pile.
6 months later the american people release the money they were given is worth nothing because it's not backed by any commodities. US dollar goes to 2000US dollars for 1 euro. civil war breaks out and the US nukes itself. America, lower Canada, and upper Mexico are gone and the land can't be used for 1000 more years.
in the first example... nobody is really in debt. and a 5 min gathering fixed everything. in the US. everyone is in debt for real... and nothing will fix it.
Last edited by johny; 06-14-2009 at 07:26 PM.
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06-14-2009, 07:25 PM
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#23 | | Banned (ABWS)
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Originally Posted by Ferra are YOU stupid or can't read ? Why are you trying to point out the obvious?? Do you understand or even read what I post??
Let me try to make this a bit easier to understand for you...
A owes B $100 and D owes A $100. This makes A's net worth = $0. None of the people in the example is really in debt. (are you really in debt if you owe someone $100 but the bank owe you $100? )
The tourist didn't magically make the debt problem disappear as the example try to suggest. And like someone has pointed out already, the tourist is irrelevant to being with. These people could've just gotten together and solve everything out.
There is a huge "multiplier" effect in our economy, but money just doesn't come up of nowhere. | i can't believe you showed your face in this post again and show how fucking stupid you are
if the tourist did not come in to the hotel to put down the $100 then there will be no flow of money for any of them to pay back
their debt won't be zero because they did not take 100 dollars from each other ... mention in the little story .. "service" on credit was given out therefore there was $100 debt
again like i said before this wont work in the real world because there will be interest in that equation
again learn to fucking read before posting idiotic shit asswipe
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06-14-2009, 07:26 PM
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#24 | | MiX iT Up!
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makes 100% sense to me...
waiting for the other economists / wannabe-i know i'm right -economists to chime in .... la la la la
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06-14-2009, 07:51 PM
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#25 | | HELP ME PLS!!!
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Originally Posted by pandalove i can't believe you showed your face in this post again and show how fucking stupid you are
if the tourist did not come in to the hotel to put down the $100 then there will be no flow of money for any of them to pay back | your the dumbass... none of them were in debt, and if the tourist and his money never showed up, they could have worked it out without any money transfer.
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