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To: Win-Lose-Draw who wrote (896)	5/7/2003 10:46:13 PM
From: TobagoJack	Read Replies (1) \| Respond to of 4912

Hi WLD, <<the risk-free real rate of return should be zero. no pain, no gain>> Oh, yes, I suppose this should be so in a perfectly operating Islamic banking system and a zero inflation world, both in short supply. By this logic, in a real negative rate of return regime of Treasuries, the risk is all on the upside? Or, perhaps it is the case that things that will be sure to go up in value should sport a negative rate of return? Maybe ... so confusing;0) Chugs, Jay

To: Win-Lose-Draw who wrote (896)	5/8/2003 1:03:51 AM
From: GraceZ	Respond to of 4912

LOL...a deceptively simple statement that almost no one will get.