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make some easy cash

Tjerk12

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An easy way to make some cash.
(Three men and a dildo).

What do you need?
Three persons (A, B and C) and one dildo.

A buys a dildo for one euro.
He sells it to B for 2 euro.
B to C for 4 euro
and C to A for 8 euro.
A again to B for 16 euro.
This goes on. Each time the price doubles.

When we look to the profit A makes:
round 1 – 1 euro,
round 2 – 8 euro,
round 3 – 64 euro,
round 4 – 512 euro,
up to round 10 – 134.217.728,00 euro.

The only problem is to convince the bank to give you the loan for each round. But that should be easy, because the trade is very profitable. (in fact there is no risk, the dildo will continuously be sold to the next person).

In round 10 after B bought the dildo from A you stop.
What is the Financial situation for A and C?
C sold the dildo to A for 134.217.728.
C had to buy it from B for 67.108.864. So he made a profit of 67.108.864,00.
A sold it to B for 268.435.456,00
So he made a profit of 134.217.728,00
The total profit of A and C is 67.108.864,00 + 134.217.728,00 = 201.326.592,00 euro.
B is of course less fortunate. He had to loan a huge amount of money from the bank and has now only debts. But that is part of the plan. He goes to the bank and explains that he is not able to pay the loan back. So he goes bankrupt.
A and C are so friendly to let him share the rich life they can live now.

The sad news is that the bank will confiscate the dildo. So don’t use one where you are very attached to.

Footnotes:
The size and the color of the dildo are not important. The trick could work for English pounds and American dollars too. In fact the mechanism is rather similar to techniques used in Stock markets.
 

Mamah

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You forgot to mention that A, B and C will all be asked to 'bailout' the bank. In this way everyone one is broke, except the bank, who now have all the money AND the dildo. While we are on the subject, did I mention that A, B, and C may also be asked to bailout the dildo company (because the dildo company is 'too big to fail'). :p

Didn't you mean the dildo is 'too big to fail'?
 
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