http://www.nothirdsolution.com/2008/02/15/comments-on-comments-6/ Blogging about liberty, anarchy, economics and politics Wed, 17 Mar 2010 02:18:57 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.nothirdsolution.com/2008/02/15/comments-on-comments-6/comment-page-1/#comment-3515 Anna Morgenstern Sun, 17 Feb 2008 08:59:13 +0000 http://nothirdsolution.com/2008/02/15/comments-on-comments-6/#comment-3515 "Of course, as Reisman argues, no creditor lends money anticipating the future cash flows to be decimated by inflation." Actually I think they ought to. Caveat emptor and all that. We've had constant inflation since 1913... I think any savvy lender by now prices inflation loss into their interest rate. “Of course, as Reisman argues, no creditor lends money anticipating the future cash flows to be decimated by inflation.”
Actually I think they ought to.
Caveat emptor and all that.
We’ve had constant inflation since 1913… I think any savvy lender by now prices inflation loss into their interest rate.

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