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Old 02-09-2005, 08:48 AM   #30 (permalink)
KMA-628
....is off his meds...you were warned.
 
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Location: The Wild Wild West
Quote:
Originally Posted by C4 Diesel
I did the numbers on both scenarios... They're both up there.


Pan, if only the principal is repayed, then the government is losing money. There would be interest accruing (cost to the government) on money that the government has not yet recieved. How do you propose to cover this unaccounted for interest cost if only the principal is paid and it is paid over a long period of time, not even starting until many years after it begins to "cost" interest?
I missed it, but I see it now.
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