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Debate House Prices
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Degenerate wrote: »Not all banking assets are mortgage-backed securities.
No, but other things go up and down in price too.
Are some things fixed in worth? What wort would they be fixed in (I'm thinking something worth£10 three months ago might still be worth ten pound, but more, because of dollar/euro buyability, and the same possibilty exists in reverse) I'm happy to accept this is wrong, but why?0
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