The real problem is deflation. That is the opposite of inflation but equally serious to the borrower.
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Nationality: American Type: Politician Born: July 13, 1935 Death: May 2, 2009 |
“I was 17, and all I wanted to do was to get away from England and the awful, boring boarding schools I'd been going to there. The last one was taught by monks, and I couldn't wait to get out.”
“Explanation separates us from astonishment, which is the only gateway to the incomprehensible.”