4 ms·
People aren't waiting ten years for their money.
by Blackthorn 4y ago
People aren't waiting ten years for their money.
- Aeolun 4y agoI’m inclined to say they will if it guarantees they get it back.
- gruez 4y agoBut a dollar in 10 years is worth less than a dollar today. In either case the result is the same: you take a haircut on the present value of your deposits.
- flangola7 4y agoNo but $1 in ten years will be worth more than $0.50 today.
- Blackthorn 4y agoSpecifically, it's worth about $0.65 today.