The joke is you dont even need the tourist and the $100 for this example of a closed circular indebted economy. Debt forgiveness with no slippage or leakage.
Could this work internationally ? Is Janet Yellen waiting for someone to plonk $17 trillion on her doorstep ? Maybe she should copy Bitcoin and invent a UScoin. 1 coin = 1 billion US dollars, why not? Or 1 Alaska ?
probably more a thread discussion in itself, my bad for interupting the jokes section.....but theoretically probably yes. But you need the same terms for debt forgiveness, same interest rates, durations etc. Thats the slippage and leakage. In the original joke, you dont actually need the tourist, you just need the same people to realise they all owe each other and they can then call it quits. In the real world its not so clear cut, and usually someone breaks the circle.....eg, what if the prostitute says well I am going to pay a third person $20 of the $100, who does not owe anyone, and then passes on the $80.....whoops! Does the tourist get charged $20 for looking at the room? The joke then becomes - what do you do with the Alaskans they are US citizens as well.....why not just sell off to the labour camps all those born between 2011-2015. but its scary that often the flawed reasoning can then become part of a philosophy/mindset - for economists and non economists.
More Puns Anyone? 1. The fattest knight at King Arthur's round table was Sir Cumference. He acquired his size from too much pi. 2. I thought I saw an eye-doctor on an Alaskan island, but it turned out to be an optical Aleutian. 3. She was only a whisky-maker, but he loved her still. 4. A rubber-band pistol was confiscated from an algebra class, because it was a weapon of math disruption. 5. No matter how much you push the envelope, it'll still be stationery. 6. A dog gave birth to puppies near the road and was cited for littering. 7. A grenade thrown into a kitchen in France would result in Linoleum Blownapart. 8. Two silk worms had a race. They ended up in a tie. 9. A hole has been found in the nudist-camp wall... The police are looking into it. 10. Time flies like an arrow. Fruit flies like a banana. 11. Atheism is a non-prophet organization. 12. Two hats were hanging on a hat rack in the hallway. One hat said to the other: 'You stay here; I'll go on a head.' 13. He wondered why the baseball kept getting bigger. Then it hit him. 14. A sign on the lawn at a drug rehab centre said: 'Keep off the Grass.' 15. The midget fortune-teller who escaped from prison was a small medium at large. 16. The soldier who survived mustard gas and pepper spray is now a seasoned veteran. 17. A backward poet writes inverse. 18. In a democracy it's your vote that counts. In feudalism it's your count that votes. 19. When cannibals ate a missionary, they got a taste of religion. 20. If you jumped off the bridge in Paris, you'd be in Seine. 21. A vulture carrying two dead raccoons boards an airplane. The stewardess looks at him and says, 'I'm sorry, sir, only one carrion allowed per passenger.' 22. Two fish swim into a concrete wall. One turns to the other and says, 'Dam!' 23. Two Eskimos sitting in a kayak were chilly, so they lit a fire in the craft. Unsurprisingly it sank, proving once again that you can't have your kayak and heat it too. 24. Two hydrogen atoms meet. One says, 'I've lost my electron.' The other says, 'Are you sure?' The first replies, 'Yes, I'm positive.' 25. Did you hear about the Buddhist who refused Novocain during a root-canal? His goal: transcend dental medication. 26. There was the person who sent ten puns to friends, with the hope that at least one of the puns would make them laugh. No pun in ten did. (That's why I posted 26...)
It turns out the @GSElevator twitter has been outed....some guy in Texas For those who have not seen it before its hilarious. It is meant to be tweets of things heard in an elevator with GS folk https://twitter.com/GSElevator examples: #1: The NSA is the only branch of the government that actually listens to people. #1: I always make sure I live in a neighborhood with the champagne socialists. No one is better at keeping the riffraff out.
More Lexophile Humor 1. I wondered why the baseball was getting bigger. Then it hit me. 2. Police were called to a day care, where a three-year-old was resisting a rest. 3. Did you hear about the guy whose whole left side was cut off? Heâs all right now. 4. The roundest knight at King Arthurâs round table was Sir Cumference. 5. To write with a broken pencil is pointless. 6. When fish are in schools they sometimes take debate. 7. The short fortune teller who escaped from prison was a small medium at large. 8. A thief who stole a calendar⦠got twelve months. 9. A thief fell and broke his leg in wet cement. He became a hardened criminal. 10. Thieves who steal corn from a garden could be charged with stalking. 11. When the smog lifts in Los Angeles , U. C. L. A. 12. The math professor went crazy with the blackboard. He did a number on it. 13. The professor discovered that his theory of earthquakes was on shaky ground. 14. The dead batteries were given out free of charge. 15. If you take a laptop computer for a run you could jog your memory. 16. A dentist and a manicurist fought tooth and nail. 17. A bicycle canât stand alone; it is two tired. 18. A will is a dead giveaway. 19. Time flies like an arrow; fruit flies like a banana. 20. A backward poet writes inverse. 21. In a democracy itâs your vote that counts; in feudalism, itâs your Count that votes. 22. A chicken crossing the road: poultry in motion. 23. If you donât pay your exorcist you can get repossessed. 24. With her marriage she got a new name and a dress. 25. Show me a piano falling down a mine shaft and Iâll show you A-flat miner. 26. When a clock is hungry it goes back four seconds. 27. The guy who fell onto an upholstery machine was fully recovered. 28. A grenade fell onto a kitchen floor in France and resulted in Linoleum Blownapart. 29. You are stuck with your debt if you canât budge it. 30. Local Area Network in Australia : The LAN down under. 31. He broke into song because he couldnât find the key. 32. A calendarâs days are numbered. 33. A boiled egg is hard to beat. 34. He had a photographic memory which was never developed. 35. A plateau is a high form of flattery. 36. When youâve seen one shopping center youâve seen a mall. 37. If you jump off a Paris bridge, you are in Seine. 38. Bakers trade bread recipes on a knead to know basis. 39. Santaâs helpers are subordinate clauses. 40. Acupuncture: a jab well done. 41. A lot of money is tainted: âTaint yours, and âtaint mine. 42. Those who get too big for their britches will be exposed in the end. 43. You can tune a piano, but you can't tuna fish...