Once upon a time in a village, a man announced to the villagers that hewould buy monkeys for $10.
The villagers, seeing there were many monkeys around, went out to theforest and started catching them.
The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. So the man announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back totheir farms. The offer rate increased to $25, and the supply of monkeys dropped so much that it was an effort to even see a monkey, let alone catch one!
The man now announced he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. In the man's absence, his 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 $35 and when he returns from the city, you can sell them back to him for $50.' The villagers squeezed together their savings and bought all the monkeys. Then they never saw the man or his assistant again, only monkeys everywhere!
Welcome to WALL STREET, The City of London and all the Venerable Institutions permitted to monkey around with our money !!
(it's an email my sister sent me, I hope you found it funny)
