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blog@jtucker.co.uk (Jon Tucker) said on the 2019-01-17 13:32:00

Value of items after you buy them


When you buy anything from a shop, once you leave the shop, the real value of your new purchase is normally halved.
However, there is only one item that actually does not follow this trend, the purchase of a house. Some people say it is supply and demand, but that is not true.
It is your choice to allow this to happen, but on top of this, then based on your request, a bank will create the money from your purchase and then charge you for it, then use that to allow them to make more money. However, you can never truly payback all your borrowings, since they only create the money from your purchase, you have to come up with the payment of the interest, but they did not actually physical make extra money for you to use!
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