Dont I still owe you some money..? (357 years ago)

June 17th, 02008 by Alexander Rose - Twitter: @zander

Davide Bocelli recently sent in this entertaining tidbit. Apparently the Prince of Wales just remembered that the crown owes someone some money. The thing of it is that the unpaid bill was from 357 years ago left by Charles II for £453 and 15 pence. He repaid last week, sans interest however. (here is his speech)

This entry was posted on Tuesday, June 17th, 02008 at 12:25 pm and is filed under Long Term Thinking.

  • JS

    Why is that an institution, if owed, would seek interest on a debt, while that same institution owing a debt, unhesitatingly disregards the idea of time value of money?!

    Ummm, inequity maybe!?

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