Found this funny..
[URL]http://www.silverbearcafe.com/private/06.09/economics.html[/URL]
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Found this funny..
[URL]http://www.silverbearcafe.com/private/06.09/economics.html[/URL]
Yep read that one before.:)
True,but you forgot to include the fact that each merchant would have to give the government let's say 20% on the money earned. So at the end of 5 transactions, there is no money remaining and the hotel guest would not have the money waiting for him at the hotel counter. The government took it all.
US economics math:
For the Defense Budget: 1 + 1 = (-) 2
For Social Securiity Funding: 1 + 1 = (-)146,724,234
For Federal funding of a bridge in a favorite congressman's district: 1 + 1 = $23, 453, 456.