Monkey Business
posted 14-Sep-2019  ·  
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Once upon a time in a village, a man appeared who announced to the villagers that he would buy monkeys for P10,000. The villagers, seeing that there were many monkeys, went out in the forest and started catching them. The man bought thousands at P10,000 and as supply started to diminish and villagers started to stop their effort, he announced that now he would buy at P20,000.

This renewed the efforts of the villagers and they started catching moneys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to P25,000 and the supply of monkeys became so low that it was an effort to even see a monkey, let alone catch it.

The man now announced that he would buy monkeys at P50,000! However, since he had to go to the city on some business, his assistant would now buy on behalf of the man.

In the absence of the man, the assistant told the villagers: “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at P35,000 and when the man comes back, you can sell it to him for P50,000.”

The villagers queued up with all their savings to buy the monkeys.

After that neither the assistant nor the man was seen, only monkeys everywhere…

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