Wednesday, October 31, 2007

Monetary Policy and Weaseling Out of Debt

Monetary Policy and Weaseling Out of Debt
How do interest bearing loans get repaid? There are three ways:. 1. Devote your future productivity to repaying principal and interest (this is painful and no one wants to think about this). 2. Expand your monetary wealth through ... Monetary Policy and Weaseling Out of Debt

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