Floating Valuation of Egyptian Currency:
If I loan you $100 and you earn your money in Egyptian Pounds, and I decide the dollar value of Egyptian Pounds, do you not see that I can decide, just by this fact alone, to keep you in debt forever?
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Floating Valuation of Egyptian Currency:
If I loan you $100 and you earn your money in Egyptian Pounds, and I decide the dollar value of Egyptian Pounds, do you not see that I can decide, just by this fact alone, to keep you in debt forever?