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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: copper000 who wrote (28415)3/11/2005 2:32:18 PM
From: patron_anejo_por_favor  Read Replies (2) of 110194
 
Nope, same amount of dollars, only they're worth less...lesser amount of gold or whatever other "real stuff" you have available to repay it, so he's doing them a "favor" (provided the debt doesn't increase at a proportionate rate to the dollars fall, which is a HUGE if, and not very likely at all).
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