debt deflation

christian11 at mindspring.com christian11 at mindspring.com
Sat Jul 27 13:54:08 PDT 2002


On Sat, 27 Jul 2002 13:18:44 -0700 Jordan Hayes <jmhayes at j-o-r-d-a-n.com> wrote:


>Interesting, because there's no upside to the bank other than the accrued
interest.

Accrued on what? Wouldn't they also have equity they have in the home when the owner dies to look forward to (if the value goes up)?

Christian



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