Bob Stewart [send him mail] has lived in Bermuda all of his adult life, and was chief executive of the Royal/Dutch Shell Group of Companies in Bermuda until his retirement in 1998. Subsequently, he was President of Old Mutual Asset Managers, Bermuda, and retired from there at the end of 2002. He is a director of several Bermuda companies and investment funds, and the author of A Guide to the Economy of Bermuda. Send him mail.
Ludwig von Mises: "Interest is the difference in the valuation of present goods and future goods; it is the discount in the valuation of future goods as against that of present goods." - Planning for Freedom