Quick question
#9
Quote:Angel' date='May 19 2009, 01:58 PM' post='167391']
They are sold for less than their actual value?
Sort of.

The government wants my money today. I'm looking to invest for tomorrow. So, I give them 95 dollars, and they give me a note that says "On this date (a year from now) we promise to give you 100 dollars".

They get the money in the present, I get more money in the future.

-Jester
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Messages In This Thread
Quick question - by [wcip]Angel - 05-15-2009, 06:57 AM
Quick question - by Nystul - 05-15-2009, 08:01 AM
Quick question - by [wcip]Angel - 05-15-2009, 08:42 AM
Quick question - by ZatarRufus - 05-15-2009, 09:59 AM
Quick question - by Jester - 05-15-2009, 11:10 AM
Quick question - by Occhidiangela - 05-15-2009, 03:34 PM
Quick question - by naverone - 05-18-2009, 01:15 AM
Quick question - by [wcip]Angel - 05-19-2009, 07:58 PM
Quick question - by Jester - 05-19-2009, 08:08 PM
Quick question - by --Pete - 05-19-2009, 08:29 PM
Quick question - by naverone - 05-20-2009, 02:25 AM

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