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Economics - How did this happen?
Posted on 7/12/20 at 9:13 pm
Posted on 7/12/20 at 9:13 pm
A man goes to a Hotel and asks for a suite. The hotel owner says he has a suite for $200 per night. The potential guest asks to look at the suite before deciding. The hotel owner agrees, but asks for a $200 deposit to hold the room. The potential guest agrees, gives the owner $200 and goes to view the room.
The hotel owner then goes to his meat supplier and gives him the $200 to pay off an old bill for steaks served in the hotel restaurant.
The meat supplier goes to his butcher, gives him the $200 to satisfy his past due bill for the meat he bought to sell to the hotel.
The butcher goes to his mistress to giver her the $200 he was supposed to pay her for her services she provided the prior evening.
The mistress then goes to the same hotel referred to before and pays the owner $200 for the use of the suite the prior night, where she provided her services.
Meanwhile, the prospective guest goes back to the hotel lobby and informs the hotel owner he changed his mind and asked for his $200 deposit back. The hotel owner gives it to him, using the money the woman just gave him.
The potential guest has his $200, the meat man has his $200, the butcher has his $200, the mistress has her $200 and the hotel owner has his $200.
How did this happen?
The hotel owner then goes to his meat supplier and gives him the $200 to pay off an old bill for steaks served in the hotel restaurant.
The meat supplier goes to his butcher, gives him the $200 to satisfy his past due bill for the meat he bought to sell to the hotel.
The butcher goes to his mistress to giver her the $200 he was supposed to pay her for her services she provided the prior evening.
The mistress then goes to the same hotel referred to before and pays the owner $200 for the use of the suite the prior night, where she provided her services.
Meanwhile, the prospective guest goes back to the hotel lobby and informs the hotel owner he changed his mind and asked for his $200 deposit back. The hotel owner gives it to him, using the money the woman just gave him.
The potential guest has his $200, the meat man has his $200, the butcher has his $200, the mistress has her $200 and the hotel owner has his $200.
How did this happen?
Posted on 7/12/20 at 9:15 pm to Ricky1962
You like this so much you are posting on several boards huh?
Posted on 7/12/20 at 9:18 pm to notiger1997
Just 2, you got an answer?
Posted on 7/12/20 at 9:21 pm to Ricky1962
Mary took three apples from John and Louis sent 7 to market
Posted on 7/12/20 at 9:21 pm to Ricky1962
The hotel owner is still out $200. He started $200 in the hole and ended $200 in the hole. The money he was "paid" for the room the night before he just gave back to the potential new customer.
This post was edited on 7/12/20 at 9:23 pm
Posted on 7/12/20 at 9:21 pm to Ricky1962
quote:
How did this happen?
The hotel owner gave the guy his money back.
He also happened to collect 200 dollars from the whore.
They are not related.
Posted on 7/12/20 at 9:22 pm to Ricky1962
quote:the horse was named ‘Friday’
you got an answer?
Posted on 7/12/20 at 9:24 pm to Ricky1962
The Hotel owner’s Mother was a Surgeon.
Posted on 7/12/20 at 9:24 pm to OleVaught14
quote:
The hotel owner is still out $200. He started $200 in the hole and ended $200 in the hole. The money he was "paid" for the room the night before he just gave back to the potential new customer.
That's what I was thinking.
Posted on 7/12/20 at 9:25 pm to Ricky1962
quote:
and the hotel owner has his $200.
No he doesn’t
Posted on 7/12/20 at 9:27 pm to Ricky1962
quote:
The potential guest has his $200, the meat man has his $200, the butcher has his $200, the mistress has her $200 and the hotel owner has his $200.
The potential guest is the only one that has his $200. The rest have spent the $200.
Posted on 7/12/20 at 9:28 pm to Ricky1962
Research ‘velocity of money’
Posted on 7/12/20 at 9:31 pm to Stiles
quote:
Research ‘velocity of money’
This guy here, he Econ 2000/2001s
Posted on 7/12/20 at 9:33 pm to Ricky1962
The hotel owner had a 0 balance before he got the money. Had the whore just paid him $200 he could have just then paid the meat supplier.
I heard something like this several years ago except it was in Greece and there was a German banker. I think the German banker paid the whore and she was the only one who came out ahead.
ETA: The German taxpayer was out $200 since they paid the bankers salary.
I heard something like this several years ago except it was in Greece and there was a German banker. I think the German banker paid the whore and she was the only one who came out ahead.
ETA: The German taxpayer was out $200 since they paid the bankers salary.
This post was edited on 7/12/20 at 9:36 pm
Posted on 7/12/20 at 9:39 pm to Ricky1962
All I know with all that money changing hands, the IRS is going to be happy
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