>> It is a slow day in the small town of Dry Heave, Alberta, and 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. 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 hooker rushes to
>> the hotel and pays off her room bill with the hotel owner. 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 is now out of debt and now looks to the future with a lot more optimism. And that,
>> ladies and gentlemen, is how economics works.
I know what you're thinking ... yeah, but ... never mind, just go with the flow.
Wednesday, October 13, 2021
A NASA software engineer for more than 20 years (retired), Egyptology hobbyist and ARCE-NC board of directors member for more than 25 years, former reporter and copy editor for the Kansas City Star and Louisville Courier-Journal. I favor open source development, Linux, network neutrality, medical care as a right and not a privilege, the ACLU, freedom of religion, and freedom of speech, among other things.