1996-04-09 - Re: the cost of untracability?

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From: Alan Horowitz <alanh@mailhost.infi.net>
To: “Frank O. Trotter, III” <fotiii@crl.com>
Message Hash: f1970a63a3987280189ab12fe4bd57bf875e2b96240b2acc74049ecfb877957e
Message ID: <Pine.SV4.3.91.960408201825.12112B-100000@larry.infi.net>
Reply To: <199604080217.AA24295@mail.crl.com>
UTC Datetime: 1996-04-09 05:35:58 UTC
Raw Date: Tue, 9 Apr 1996 13:35:58 +0800

Raw message

From: Alan Horowitz <alanh@mailhost.infi.net>
Date: Tue, 9 Apr 1996 13:35:58 +0800
To: "Frank O. Trotter, III" <fotiii@crl.com>
Subject: Re: the cost of untracability?
In-Reply-To: <199604080217.AA24295@mail.crl.com>
Message-ID: <Pine.SV4.3.91.960408201825.12112B-100000@larry.infi.net>
MIME-Version: 1.0
Content-Type: text/plain


Gold is still loaned out between producers. For whatever reason, the 
money gained in the transaction is called "rent", not "interest".

Some time ago, the Bank of Portugal took a big loss when it loaned out 
gold - and the borrower defaulted. 





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