Ninjastic
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Board Economics
Re: Gold: I smell a trap
by
cypherdoc
on 15/09/2011, 23:21:18 UTC
Quote from: netrin on September 15, 2011, 10:50:44 PM
With deflation, extant interest rates are more valuable to the lender and crushing to the debtor.

+1  this is why i don't think bankers let HT happen.