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Pastimes : Austrian Economics, a lens on everyday reality
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To: Don Lloyd who wrote (1)12/1/2001 9:16:12 AM
From: Terry Maloney  Read Replies (1) of 445
 
Hi Don, it's surprising no one has started an Austrian thread til now. Hope it does well.

As for your puzzle, it seems obvious that you'd accept the offer. You'd only be selling that diamond in year 65 anyway, by which time the 125K would have compounded into 2 million.

Best,
Terry
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