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09-18-2007, 08:00 PM
In this note I propose to solve the paradox by suggesting that the exchange of wealth and income should be made the cornerstone of the theory of interest, replacing the exchange of a present and a future good.
More... (http://www.safehaven.com/article-8443.htm)
More... (http://www.safehaven.com/article-8443.htm)