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Thread: QE

  1. #1
    Join Date
    Jun 2009
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    Default QE

    June 18th, 2009, 02:34 AM

    Stimulus Analogy

    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 time, 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…

    And that, ladies and gentlemen, is how the United States Government is doing business today and the main reason that the rest of the world is now messed up!

    http://www.skyscrapercity.com/showth...2#post38402982

  2. #2
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    Default


  3. #3
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  4. #4
    Join Date
    Oct 2012
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    Default

    Quote Originally Posted by Arcachon View Post
    June 18th, 2009, 02:34 AM

    Stimulus Analogy

    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 time, 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…

    And that, ladies and gentlemen, is how the United States Government is doing business today and the main reason that the rest of the world is now messed up!

    http://www.skyscrapercity.com/showth...2#post38402982

    Hi Bro

    sounds logical.

    Is it really how it works in today's world?

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