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The concept of debt
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11-16-2006, 06:28 PM
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Reftsheette
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Oct 2005
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Originally posted by Cort Haus
If you're not going to repay that debt very quickly - which heavy debtors probably won't, then there'll be interest to pay - so its more expensive and hence worse. Considering the time value of money, it's no more expensive.
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