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2ds 11
Annuity Rates
Ch. Grounds
II Rate
10
2. Danger of loss
by depretiation
by which in
war time when
there is any prospect
of a demand
for the money
2. Another of the bars by which contributes to place the five together
per cent in question superior rate of interest is placed will out of the reach of a still
more considerable mass of money, portion of the money of the country besides
applying also to the portion above spoken of, is
the danger of depretiation. In the instance of Stock Annuities Ten per Cent or more for
example is no uncommon degree of depretiation
for the species of property to undergo in the compass
of a single year. Hence it is, that + + Look at the Stock Tables
in the Annual Register
to exclusive of the burthens already just mentioned,
to gain a mass of interest to the amount of
the supposed 8 per Cent a man must expose
himself to a loss to double the amount. The This is the great inducement
to take Bankers
security in preference to
Government: save so
long as the Banker is
solvent the money may
be had again without
deduction
degree in which this risk detracts from the volatile
value of the species of property in question is, it
is true the less considerable, the more completely
a man appears to stand exempted from the
any call in point of obligation or advantage
to meet return/remand it to the market expose it again to sale
Was good for
permanent, bad
for temporary
sums
If it be it be <add> True it is that a permanent income that the is the object
of his demand — an income that may be regarded
as perpetual for any specific occasion
that he has in view as likely to call upon him
to part with it, in that case, where a man happens to be so circumstanced it is true, the [+] where such are the circumstances in which a man is placed
danger may be considered as not worth regarding,
and as were being compensated made up for by the chance
of an opposite result: but where the call
for an equivalent in the shape of res ready
money presents itself as about to take place at
the