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>>> >>>Not forgetting compound interest >> >>Compound interest doesn't make a bit of difference, >>the real rate of interest was negative for the vast >>majority of the life loan, almost of every year. So in >>real terms what the UK paid back to the United States >>was less than the value of the loan. Why do you think >>that banks hate high inflation? Like I said if Uncle >>Sam was that greedy don't you think we would have >>chosen an interest rate that insured we made money? > >you mean to tell me America didint really make any >money , because of high inflation in the post war >years that reduced the amount owed? high inflation >means higher prices the pound going down means more >dollars.
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