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Wanna Tell you a story:
How our economy works
Salesman visits a small village that has a hotel and asks for a room for the night the Hotelier lets him a room, and asks for payment up front of £50, the salesman pays it and leaves the reception to carry out his business visits.
The Hotelier remembers he owes the Bakery £50 for bread and other items and pays the Baker with the £50 he had just received……….his debt paid.
The Baker then pays a £50 bill he owes the flour supplier for the flour he has had that month…..his debt paid
The Flour supplier then pays a bill of £50 that he owed to the local butcher for meat and supplies he had had that month…….his debt paid
The Butcher then pays the wine store £50 for drinks he had had during the month….his debt paid
The Wine store owner then pays the Hotel owner £50 for putting up a sales rep he asked the Hotelier a few weeks earlier to put up for the night…..his debt paid
The salesman who had just paid the Hotelier £50 returns to the hotel and said he would not be staying and asks for his money back, the Hotelier gives it him back.
With this £50…. all the debts of the village had been cleared and the salesman on goes on his way with his money back…..everyone happy all debts paid
That is how our economy is run….on Magic Money.???!!! I want some
How our economy works
Salesman visits a small village that has a hotel and asks for a room for the night the Hotelier lets him a room, and asks for payment up front of £50, the salesman pays it and leaves the reception to carry out his business visits.
The Hotelier remembers he owes the Bakery £50 for bread and other items and pays the Baker with the £50 he had just received……….his debt paid.
The Baker then pays a £50 bill he owes the flour supplier for the flour he has had that month…..his debt paid
The Flour supplier then pays a bill of £50 that he owed to the local butcher for meat and supplies he had had that month…….his debt paid
The Butcher then pays the wine store £50 for drinks he had had during the month….his debt paid
The Wine store owner then pays the Hotel owner £50 for putting up a sales rep he asked the Hotelier a few weeks earlier to put up for the night…..his debt paid
The salesman who had just paid the Hotelier £50 returns to the hotel and said he would not be staying and asks for his money back, the Hotelier gives it him back.
With this £50…. all the debts of the village had been cleared and the salesman on goes on his way with his money back…..everyone happy all debts paid
That is how our economy is run….on Magic Money.???!!! I want some
