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1 posted on 08/03/2012 11:23:05 PM PDT by bruinbirdman
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To: bruinbirdman

“To have the same buying power you had back then isn’t bad.”

Good job the buying power of the dollar hasn’t decreased sharply in the last ten years.

Dollar depreciation (of course) is why this bond could be repaid. (Not having a go at the dollar here - all fiat currencies have depreciated)

The depreciation aside, what about ten years of opportunity cost? This business is as dishonest as the General Motors ‘taxpayers have made a profit’ scam.


2 posted on 08/04/2012 1:13:12 AM PDT by agere_contra (Vote ABO. Don't choose the Greater Evil and then boast about how principled you are)
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