Posted 5/24/2017 13:17 (#6035314 - in reply to #6035266) Subject: RE: Growth of money supply vs population size
E ND
ok then, I will be the gov't. I will give you a note, $100,000, payable to you in 10 years, and I will pay you 3% interest and your $100,000 at maturity in 10 years. You simply give me $100,000 in cash now for it.
I wonder how long it will take you to figure out that I am in debt, to you, for the $100,000.