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To: RFEngineer
"Exactly, and the difference between the assumed value and the actual value of the asset represents money that “disappears”

Do you guys read your own posts? The difference between assumed value and actual value is simply a faulty assumption, not the loss of real money. Edie Murphy assumed that the prostitute he picked up was a woman. When he looked under the skirt and there was a winky under there, didn't mean that the universe was suddenly bereft of one bagina. He made a mistaken assumption.

For money to be truly "lost" it must be destroyed. Otherwise it just moves from one person/ entity to another.

119 posted on 12/30/2007 8:39:41 PM PST by Soliton
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To: Soliton

“The difference between assumed value and actual value is simply a faulty assumption, not the loss of real money”

But the bank loaned real money......and that money is not going to be repaid.

If I loan you $100k, and you repay me $50k we have more than just a faulty assumption at play. This is what is happening every day now. Real money disappearing.

I really did not think this was going to be that hard to communicate, but hey, I’m gonna keep trying....


120 posted on 12/31/2007 4:50:59 AM PST by RFEngineer
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