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Re: raises

Subject: Re: raises
From: Rd Phillip <rdphillip -at- HOTMAIL -dot- COM>
Date: Wed, 28 Jul 1999 17:36:01 -0500

On Wed, 28 Jul 1999 10:38:50 -0400, jane <judydh -at- TOTAL -dot- NET> wrote:

>And now off-topic: Why are banks allowed to pay less interest than the
>rate of inflation on the money you put in?

They are allowed to do this because the U.S. banking system is not (yet) a
government monopoly.

Regards,
RD

From ??? -at- ??? Sun Jan 00 00:00:00 0000=



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