The Moral Hazard of Central Banking (GoldSeek.com)
Carol was skeptical, especially when she heard the price was $499. But the salesperson assured Carol she would see lower interest rates within the first 30 days of the program and that these savings would more than cover the fee.
The Moral Hazard of Central Banking (GoldSeek.com)
Let me present a syllogism. 1. Theft is immoral. 2. Inflation is theft. 3. Fractional reserve banking is inflationary. 4. Central banking is government-guaranteed fractional reserve banking. 5. Immorality leads to judgment.
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Hearts unveil stadium plans which may take debt to £80m (The Scotsman: Sport)
HEARTS' debt could hit £80 million by the time the club's proposed new main stand is completed, it was revealed yesterday. The redevelopment, which would raise the capacity of Tynecastle to 23,000, is planned to be complete by 2010.
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Debt cut but pro team problems dog SRU (The Scotsman: Sport)
THE Scottish Rugby Union has claimed its first profitable year since 2002, but admitted that this does not include a possible £1.7 million pay-out due after closing the Borders professional team nor any settlement in the dispute with Edinburgh Rugby.
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'Closing Ibrox might bring the fans to their senses' (The Scotsman: Sport)
WALTER Smith last night expressed his fears that it will take the closure of Ibrox by UEFA for some Rangers fans to finally get the message that sectarian songs or chants will no longer be tolerated by the football authorities.
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The Moral Hazard of Central Banking (GoldSeek.com)
Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. It concerns in particular the Third World debt, which started exploding with the Latin American debt crisis (Mexico 1982, etc.).
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