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 Post subject: Re:
PostPosted: Sat Jul 24, 2010 6:06 pm 
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Elmarnieh wrote:
Actually this is about the Austrian theory of interest and the only response that really matters is Xeq's answers.


No I wouldn't, you can make interest on the money in ten years instead of not having the money for ten years. If I don't like or can't afford risk I can buy risk-free government bonds for like 0.25% interest. (I'm going to assume the return would be around there with zero inflation)

I know someone will say government bonds aren't actually risk free, but I would argue that under the stipulation of zero inflation I can assume they are, since it implies the government isn't going to simply print money to give to me.


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PostPosted: Sun Jul 25, 2010 1:05 am 
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adorabalicious
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Ok, would you do the same if the duration of the loan were only one day?

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PostPosted: Sun Jul 25, 2010 12:45 pm 
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Elmarnieh wrote:
Ok, would you do the same if the duration of the loan were only one day?


I don't see why not, you could make a small amount of profit from interest even in one day.


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PostPosted: Sun Jul 25, 2010 1:37 pm 
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The Dancing Cat
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Elmarnieh wrote:
Ok, would you do the same if the duration of the loan were only one day?

Yeah. For one day I would do it assuming all of your other stipulations above hold true.

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