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Re: charging interest in a system with a gold standard

Sat. 12/06/30 18:08 EDT . post #187 [quote user="copycat042"] ... the interest that is charged on the money comes from some third party that trades with the borrower?[/quote]Yes. The borrower, in order to generate more money than he borrowed (so as to pay back the principle PLUS the interest...

Posted to General (Forum) by MMMark on Sat, Jun 30 2012

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