THE PAINFUL TRUTH BEHIND “THE MONKEY BUSINESS” STORY

THE PAINFUL TRUTH BEHIND “THE MONKEY BUSINESS” STORY

Finance Stories

THE PAINFUL TRUTH BEHIND “THE MONKEY BUSINESS” STORY

THE PAINFUL TRUTH BEHIND “THE MONKEY BUSINESS” STORY

Once upon a time, a lot of monkeys lived near a village.?????

One day a merchant came to the village to buy these monkeys!?????

He announced that he will be buying monkeys at $100 each. ??

The villagers thought that this man is mad.?

They thought how can somebody buy stray monkeys at $100 each?

Still, some people caught some monkeys and gave it to this merchant and he gave them $100 for each monkey.

This news spread like wildfire and people caught monkeys and sold it to the merchant.?

After a few days, the merchant announced that he will now buy monkeys at $200 each. ???

The lazy villagers also ran around to catch the remaining monkeys!??????

They sold the remaining monkeys at $200 each.?

Then the merchant announced that he will again buy monkeys at $500 each!
??????

The villagers start to lose sleep! … They caught six or seven monkeys, which was all that was left and got $500 each.???????

Man selling bushmeat

The villagers were waiting anxiously for the next announcement.

Then the merchant announced that he is going home for a week. And when he returns, he will buy monkeys at $1000 each!???????????

 

He asked his employee to take care of the monkeys he bought. He was alone taking care of all the monkeys in a cage.??????????????????????????????????????

The merchant went home.?

The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.☹??

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Then the employee told them that he will sell some monkeys at $700 each secretly. ?

This news spread like fire. Since the merchant will buy monkeys at $1000 each whenever he returns, it means there is a $300 profit for each monkey.?

The next day, villagers made a queue near the monkey cage.??????????????????

The employee sold all the monkeys at $700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
????????????????????

The villagers took care of their monkeys & waited for the merchant to return. ?

But nobody came! …? Then they ran to the employee…?

But he had already left too !?

The villagers then realised that they have bought the useless stray monkeys at $700 each and unable to sell them! ??????????.

This is the story of bitcoin and other similar wonder banks as well as other greedy ways of acquiring wealth.

Watch out for the next monkey ??? business

It will make a lot of people bankrupt and a few people filthy rich in this monkey business. ???

That’ how it works?

This story looks funny yet it makes sense when you think deep.

SHARING IS CARING…

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