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To: benwood who wrote (78000)4/19/2008 1:36:38 PM
From: Sr K  Read Replies (1) | Respond to of 116555
 
The statement

>>My simple equation: Interest rates have to be above inflation so the lender can get a return and not lose money.

If inflation is 10%, interest rates need to be 12% or 13% to make up for the lost value of the debased currency. In a pure capitalist world-lol.<<

had to do with a lender.

No matter what you or anyone else does, you will not "own the IRS".