Velocity Of Money

It is August. In a small town of Guwahati, the holiday season is in full swing, but it is raining so there is not too much business happening. Everyone is heavily in debt.Luckily, a rich punjabi tourist arrives in a small local hotel. He asks for a room and puts a 100 rupees note on the reception counter, takes the key and goes to inspect the room located up the stairs on the third floor.The hotel owner takes the note in hurry and rushes to his meat supplier to whom he owes Rs 100. The butcher takes the money and races to his supplier to pay his debt.
The wholesaler rushes to the farmer to pay Rs 100 for goats he purchased some time ago.
The farmer triumphantly gives the 100 rupee note to a local hair dresser who provided him his services on credit.The hair dresser goes quickly to the hotel, as he owed the hotel for his room use a month back.At this very moment, the rich Punjabi  is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory and takes his Rs 100 back and departs.

There was no profit or income. There was NO real economic activity. But everyone no longer has any debt and the small town people look optimistically towards their future.

COULD THIS BE THE SOLUTION TO THE Global Financial Crisis? Just sheer velocity of money?   

FOOD FOR THOUGHT