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Millions of Monkeys, Drumming on Drums !

Just for the fun of it. “Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it! The man now announce d that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf. In the absence of the man, the assistant told the villagers: ‘Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.’ The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars. They never saw the man or his assistant again, only lots and lots of monkeys! Now you have a better understanding of how the WALL STREET BAILOUT PLAN WILL WORK” Well actually, the villagers in our situation will keep on buying and selling monkeys. Originally posted by Bacchus at GNN monkeys2[1].jpg
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4 Comments

  1. Millions of Monkeys, Drumming on Drums ! - FinancialDominance.com said

    am December 26 2008 @ 9:17 pm

    [...] unknown wrote an interesting post today onHere’s a quick excerpt [...]

  2. Eranda said

    am December 30 2008 @ 6:11 am

    wow ! The monkey example is absolutely amazing. Do you mind if I use it in my blog at antharjalaya? :-)

  3. Marcel said

    am December 30 2008 @ 6:45 am

    @Eranda

    Yes you can. I copied it from the GNN blog above. I think it’s “Fair Use”.

  4. Ray finnert said

    am January 24 2009 @ 2:07 pm

    Nice allegory. Sad but all too true, from the enron debacle to the Dow purges, every bit of the monkey story is coming to life. Truth is stanger than fiction, but no one expected the truth to be swinging by its tail from the tallest mast, in the deepest ocean.. go figure!

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