A stranger is staying at a hotel in a small town high up in the mountains for a few days. Shortly after his guest has eaten breakfast and left for the day, the hotel owner notices that he has left his wallet on the table. Business is bad, everyone is in debt, and the baker has refused to sell the hotelier any more bread until he pays the £100 that he owes. The hotelier can see that there are five £20 notes in his guest’s wallet, and after wrestling with his conscience for a short while, steals the money and takes it down the baker, who restores the hotelier’s line of credit.
The baker is particularly grateful to the hotelier as he happens to owe the butcher £100, so he takes the banknotes across to the butcher’s shop and settles his bill. The butcher in turn owes the local garage £100 for repairs to his car, so he uses the money to pay off his bill. The garage owner realises that he can now pay the hotelier the £100 he owes for the meal bought last weekend, so he pops into the hotel and gives the money to the hotelier. Moments later, the guest returns. The hotelier, seeing him come through the door, quickly puts the £100 back in the wallet and hands it back to the guest.
At first sight, there is something odd about this tale. Everyone in the town appears to have paid off their debts and yet, at the end of the day, the stranger still gets his £100 back. How can this work? Where did the money come from? Continue reading