It is August on the shores of the Black Sea. It is raining and the little town looks totally deserted. Times are hard. Everyone's in debt...living on credit.
One day a stranger comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs.
Now hold onto your hats. Here's where it gets interesting.
1. The Hotel Proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
2. The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
3. The Pig Grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
4. The Feed & Fuel Supplier takes the 100 Euro note and runs to pay his debt to the town's prostitute who has been giving her services on credit.
5. The Hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
6. The Hotel Proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the stranger comes down after inspecting the rooms. He takes back his 100 Euro note, regrets that the rooms are not to his liking, wishes the hotel proprietor a good day, leaves him a 10 Euro note for his trouble and leaves.
No one earned anything. But the whole town is now free of debt.
That evening the hotel proprietor puts the 10 Euro note in the till and gives free drinks to the hooker, the feed & fuel supplier, the pig grower, the butcher...and himself.
This is not rocket science.
We, the little people, need Mints. They, the rich and powerful do not want us to have them. Instead they insist that we use their Exchanges...the ones they have turned into casinos. In casinos the house always wins.
