Monkeys

[WillyL]

Once upon a time in a village, a man appeared and announced to the village that he would buy monkeys for $10 each.

The village seeing that there were many monkeys around, went out to the forest and started catching them. The man bought hundreds at $10 and as supply started to diminish, the village stopped their effort.

Later he announced that he would now buy at $15. This renewed the efforts of the village and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms.

The offer rate increased to $20 and the supply of monkeys became so few that it was an effort to even see a monkey let alone catch one.

The man now announced that he would buy monkeys at $50. However, since he had to go to the city on some business, his assistant would now buy on behalf of him.

In the absence of the man, the assistant told the village, "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell it to him for $50."

The village squeezed up with all their savings to buy the monkeys.

Then they never saw the man nor his assistant again, only monkeys everywhere.

Welcome to The Stock Market!

[Momo8]

Monkey business indeed haha.