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Gentlemen's Debts

Prince of Wales pays debt left by Charles II - Times Online

The Prince of Wales has repaid a debt left by Charles II. The King owed £453 and 3s (15p) to the Clothiers Company of Worcester for troop uniforms ordered in 1651.

Jolly decent of him, but a Gentleman should never worry about petty things such as tailor's debts, even if it has been dragging on for a while. Whatever next? He will be paying his wine merchant? Such things are for executors to sort out.


Another example of how governments use inflation to remove the burden of public debt.

Has Barney presented you with your bar-tab?

Just asking...

I bet he didn't repay it allowing for inflation and compound interest.

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