How to get out of debt - funny

Economic recovery

It is a slow day in the small Minnesota town of Marshall , and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A rich 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 Farmer's Co-op.

The guy at the Farmer's 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 rich 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 town.

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 the United States government is conducting business today.

PEACE,
RK

I am glad to be your first flag. It is so true it hurts. They funny part is I did not laugh I actually sighed. Sometimes the joke is a little to real and it is a sad thing when this is actually how it works. Thank you for putting it in a way that may help some to understand humor can be a powerful tool.

[edit on 17-2-2010 by Subjective Truth]

[edit on 17-2-2010 by Subjective Truth]

you'ld better hope that no-one in the chain decides that the wisest coarse of action is to head down to the big casino on wall street so they can turn a little profit before they cover their debts.

wouldn't be the first time.

reply to post by Rigel Kent




So so true....money is worthless...if you think about it, it doesn't actually even exist, or does it? Darn I've been thinking about it too much, I'm confusing myself.

Well the hotel owner is $100 dollars short now.

He would be $100 dollars richer if he did not use the $100 dollars paid to him by the hooker to replace the $100 dollars he stole to pay off the butcher. So everyone comes out fine except the hotel owner.

EDIT - sorry I am from SA, hence why I type $100 dollars (dollar sign and dollar word) even though only 1 is needed. Either the sign or the word

[edit on 17-2-2010 by qwiksilva]

Very interesting scenario.

At least the other people were fooled into a false sense of security that their debts had been settled. Wait a moment...

[edit on 17/2/2010 by Dark Ghost]

reply to post by qwiksilva


Hi, I'm also from SA

I don't get your post the money circulated, and the hotel owner is not short anything because the $100 bill was never his to begin with, and the hooker owed him money, which he put back on the counter....

Aah, I see what you mean 'facepalm' darn..... :bnghd:

[edit on 23/01/2010 by jinx880101]

reply to post by Dark Ghost


Hah, you are correct sir, I was mistaken. I read through to quickly.


Although, they didn't have to pay anyone off anyway. If they realized they were in a "circle" of debt, each owing the same amount, then there is no need for the process and they can simply cancel everyone's debt.

But nevertheless, good point/story, it makes sense to me now when I went through it again.

reply to post by qwiksilva


No no, you were right.... because the 100 dollars was never his to begin with, the 100 dollars from the hooker is not 'real' money..her dept is payed (falsely) but he get's the money back, and instead of it going into his till...it goes to the tourist..

[edit on 23/01/2010 by jinx880101]

reply to post by jinx880101


Yeah, that was my original thought.

Who has a good maths mind here?

Why Marshall, Minnesota?

You have to think about it like this:

The hotel clerk "borrowed" the $100, so he is now in debt to the man looking at the hotel rooms. So when the man decides not to get a room, the hotel clerk pays him back the $100.

The hotel clerk made $100 after all of the transactions but then had to pay that $100 towards the "loan" he had borrowed.

The hotel clerk actually received $200 - $100 from the guy looking at the rooms, and $100 from the money he was previously owed. $100 of this went to pay his new debt to the man looking at the rooms, and the other $100 went to cover the $100 he was previously in debt for.

The hotel clerk started off with a -$100 balance and ended up with a $0 balance, along with everyone else but the man who originally came in to look at the hotel rooms.

The reason our world is so messed up is that in the real world, the man looking for a room would really be a banker, and charge the hotel clerk interest on the "borrowed" $100. Also everyone else would owe interest on their debts, and the longer it took them all to pay each other back, the more interest that would be owed. Take away the interest and its all good. Using interest puts people further and further in debt and causes them to become slaves, working to pay off imaginary money that never existed. Now imagine that its not just one guy they all owe $100 to..

Ha ha! The hotel owner screwed himself by stealing the rich man's money.
The rich man didn't really pay - he walked out with his ''deposit'' money.
The hotel owner, who actually had an amount to collect from renting rooms to the hooker, is left with nothing from the hooker.
He ripped himself off.
Good catch, Qwiksilva. Well done.

Actually, I think the hotel owner is playing the role of the banker here. He is artificially inflating and deflating the money supply. He has first created artificial money by extending credit to the prostitute, the he has taken the ''deposit'' money from the rich man, used it to pay another member of the public, then received it back in payment for his account receivable from the prostitute, and finally returned the deposit on demand to the original depositor, leaving himself with a debit. He paid a loan with a loan.

This is similar to what bankers do when they take in public deposits and loan them out thereby artificially inflating the money supply with fake credit money. If everything is called in at once then the banker is left with a shortage because there is not enough real money to cover all the credit loans.

Hence the necessity to continuously increase the money supply.

This is the M. C. Escher banking routine!

reply to post by qwiksilva

Although, they didn't have to pay anyone off anyway. If they realized they were in a "circle" of debt, each owing the same amount, then there is no need for the process and they can simply cancel everyone's debt.

Is it not what the story is telling us ?
Because it really is, it is funny. Even more so because we know !

Yet... I only see laughter.
Looks like the story points to us, running around paying our dept. But we know ?!
I'm confused.

Originally posted by Rigel Kent
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.

Nope - the hotel owner is out $100.00.

the hotel clerk owes himself $100
I owe myself quite a bit.

I think all people in question would benefit from a simple lesson in economics.

2nd line.



[edit on 17-2-2010 by antonia]

Some dork always has to come on here all serious and like..actually I am from just north of the Twin Cities, Minnesota. Marshall is a cool town.

b]The Promissory Note To Pay Our Debts
HJR-192 of June 5, 1933 is the promissory note (the promise of Abraham) the government issued to balance the exchange to credit the people. The Promissory note is on the debit side of the United States Governments ledger, which was a debited from their credit, created by the Executive Order of April 5, 1933 when they took the gold out of circulation. Public Policy is rooted in HJR-192 and is Grace that creates our exemption. This is your temporal saving grace. Under grace, the law falls away to create a more perfect contract. Public Policy removed the people's liability to make all payments by making a contract null if it required the payment to be in substance, because the people didn't have any money to pay with. All that must be done now is to discharge the liability. Pay and discharge are similar words but the principles are as different as Old and New Testaments. The word "pay" is equated with gold and silver, or something of substance like a first-born lamb, which requires tangible work to be invested in it to remove the liability because an execution must occur. The word "Discharge" is equated with paper, or even more basic, simple credits and debits, that exist on paper only, like the slate held by the agents/angels of heaven that get swiped clean. You cannot pay a bill with a bill and you cannot pay a debt with a debt. What HJR-192 did was, remove the liability of an obligor (someone obligated to pay a debt) by making it against Public Policy to pay debts. All that needs to be done now is discharge the debit with an appropriate credit "dollar for dollar." Debt must be discharged dollar for dollar in the same sense, as sin was discharged on the Cross. The moment a debt exists, it must be written off. The catch is, we can't write off the debt because we are not in possession of the account in deficit; our fiduciary agent is in possession of the account so we must provide him with the tax return (by the return of the original offer) so the fiduciary can discharge the liability through their internal revenue service (the bookkeeper). Most feel that when the money was taken out of society, the people became the slaves, this is not true, the people were freed from every obligation that society could create thus freeing the people from any obligation which they may incur simply because we cannot pay a debt. Ask yourself the question, What are you charging me with? And how do you expect Me to pay? Simply said, there is no money, plain and simple for me to make the payment with and on top of that, if I were to pay, who is paying Me to pay that guy and who's paying that guy and so on... Public Policy is the supercedious bond because it limits our liability to pay. It is the more perfect contract because it operates on grace to pay our debts after we have done all that we can. We go as far as we can to fulfill the obligation (acceptance and tax return) and after we have done all we can, mercy and grace kick in being our exemption to make the payment. Grace creates our exemption in the industrial society so long as we accept the charge.

Economics lesson. Visit this link for all the info on how to get out of debt and take CONTROL of your life.

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In this scenario, no one made any money, nor lost any. All debts are settled because the accounts receivable and accounts payable for each player are in balance, as are the a/r and a/p for the entire group. This illustrates the PURPOSE of money, that is, it is more efficient than bartering individually between players.
As was noted before, in real life, the seed money the guest provided would have come at a cost, and the transactions (all) would have been taxed.