mercoledì 9 agosto 2023

Monkey Business explained to monkey people...

A white guy appeared in a village in Africa and announced that he would buy any monkey for $10.

As there were hundreds of monkeys in the area, the locals started catching the monkeys and took them to the guy. The man paid the promised price and locked them in cages kept in a side of the village.

After another week he came again and announced that he would buy any monkey for $20 each.

The operation went identically, paid and locked them in cages. The third week raised the price once more, the monkeys were less and less, so 25 dollars a piece, the scenario proceeded identically.

In the fourth week he came with another guy, also white, and told the villagers like this: "I'm going to the mainland because I have a job, but my assistant is staying here and he's going to buy monkeys for $50 each".

"I will wait for you at my camp". And it was gone. The villagers quickly spread through the surrounding forest, but there were no more monkeys. So they went to his assistant and said:

- "Sir, what are we doing? We can't find monkeys anymore, just now when the price is the best?"

The assistant scratched his head and said thoughtfully.

-"I can help you, but you have to keep your mouth shut".

"Do you see all these monkeys locked in cages? I give them to you for 35 dollars a piece, and when my boss comes, you sell them to him for 50 dollars a piece! Deal ?"

The villagers were overjoyed, ended the bargain, paid the asking price and took their monkeys back. They never saw either the Chief or the assistant again.

That's how capitalist society and the Stock Exchange work.

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