Category Archives: Currency

The Non-static Currency – a Lesson in Economics.


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Myself 

By T. V. Antony Raj

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One day a foreign tourist came to the only hotel situated on the main street in a small town in India. On seeing the hotel manager the tourist pulled out a 2000 rupee note from his wallet, placed it on the counter and then went upstairs to inspect the rooms.

The hotel owner took the 2000 rupee note and rushed out to pay his debt to the butcher.

The butcher then hurried to pay the poultry wholesale dealer.

The poultry wholesale dealer then ran to pay the feed supplier.

The feed supplier sped to pay the prostitute, who lived on the main street, to pay her for servicing him on credit.

The prostitute then hastened to the hotel to pay off her debt to the hotel owner for the rooms she rented for carrying on her business.

The tourist came downstairs and said he did not like any of the rooms.

The hotel owner then placed the 2000 rupee note back on the counter. The tourist took back his money and left the hotel.

Lesson: This is business today. No one earned anything. Now clear of any debt, everyone is happy, optimistic, and look forward to doing more business in the future with each other.

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