The Mudcat Café TM
Thread #146777   Message #3399680
Posted By: Bee-dubya-ell
03-Sep-12 - 06:46 PM
Thread Name: BS: Time LITERALLY Lost: Government's Fault!
Subject: RE: BS: Time LITERALLY Lost: Government's Fault!
Ya know, this subject really should have been brought up thirty years ago, when the prime interest rate was around 12%. Compound interest on 11 days for 230 years @ 12%... You figure it out. Gotta be a couple of centuries. At today's interest rates we'd be lucky to get two weeks, and the bank would probably keep the extra three days as transaction fees.