The Ultimate Ponzi Scheme, or How the Government Does Business

By Andrew Packer
Source: The Sovereign Society
“A rich tourist is driving through a town where everyone lives on debt. He stops at the motel and lays a $100 bill on the desk, saying he wants to inspect the rooms upstairs in order to pick one to spend the night.

“As soon as the man walks upstairs, the 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 at the supplier of feed and fuel. 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 motel 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, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money, 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.”

3 Responses

  1. We all need to study Austrian economics.

  2. The day we are told, no more deductions for income taxes, and the rate is now 25% or more due now, then maybe we can get Americans off the couch, in to the streets to demand Restoration of our Nation. Some one has to pay these taxes, and it isn’t Congress or the Senate, or Obama. IT”S YOU AMERICA. Had enough?

  3. United we stand, divided we fall…

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