Are you interested in interest rates?

[Duik]

Originally Posted by Nibblewitz [You must be logged in to view images. Log in or Register.]

The value of money depends on time.

Yes! That $10 note i hide under matteress in 1979 is now worth umm exactly nuffin.
A set of footy cards however would net me a tidy sum.
Investments.
Hmm. Clergy dress in vestments. Im onto something.

[aussenseiter]

Originally Posted by Duik [You must be logged in to view images. Log in or Register.]

Yes! That $10 note i hide under matteress in 1979 is now worth umm exactly nuffin.
A set of footy cards however would net me a tidy sum.
Investments.
Hmm. Clergy dress in vestments. Im onto something.

If you had borrowed $10 in 1979 you'd owe much much more than $10 today assuming you made no payments.

It took the United States until 1835 to pay off our Revolutionary War debt. And it was an extreme act of recklessness to do it at that point.

Let it ride.