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To: UnBelievable who wrote (247238)6/26/2003 9:10:31 AM
From: TobagoJack  Read Replies (1) | Respond to of 436258
 
Hi Unbelievable, <<do nothing with the proceeds of the loan you have a risk free gain>>

You are right.

I did not think about taking out a loan, do nothing except counting the money in the morning and fondling the cash at night, and then, after a year, return the moolah back to the bank, less the interest charge for having done their work for them.

I have not come to grips with this strange negative interest rate world as yet.

I suppose, if money can be borrowed in sufficient quantities, I can then use the cash to buy the bank itself, and then forgive myself the loan by doing a write-off that the government is intent on encouraging.

Wonderful.

Chugs, Jay



To: UnBelievable who wrote (247238)6/26/2003 9:27:57 AM
From: Tom Smith  Respond to of 436258
 
sharelynx.net



To: UnBelievable who wrote (247238)6/26/2003 1:13:03 PM
From: Andy Thomas  Read Replies (1) | Respond to of 436258
 
for instance, what if you borrowed a quintillion yen... a thousand times a thousand trillion... and - for ease of handling - they gave you a single piece of paper (check) for the primcipal. you just put the check in the safe then collect interest checks... which... at a quintillion yen, no matter how miniscule the (negative) interest rate, would probably amount to something... after however many years you just return to them the original, principal check... uncashed...