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Date Posted: 11:12:13 02/07/07 Wed
Author: RMW Stanford
Author Host/IP: 74-134-107-100.dhcp.insightbb.com / 74.134.107.100
Subject: Re: Why did the British Empire break up?
In reply to: Anthony 's message, "Re: Why did the British Empire break up?" on 10:59:16 02/07/07 Wed


>
>So America made 3.2 billion dollar profit (by 1945
>prices)= todays value, bare in mind the decline of
>pound sterling over fifty years

No 7.5 billion was the amount that was paid back in dollars that was not adjusted for inflation, if you take the e so in real terms consider how much that the loan was worth in today dollars. It very unlikely in return that the United States made any kind of profit off it seeing as the value of the loan in 2006 dollars was 33.4 billion USD. So in nominal terms yes the United States made 3.2 billion dollar "profit", but in real terms which is what matter it would be lower and most likely negative. To know for sure each payment would have to be either discounted back to there value in 1945 dollars or adjust for inflation into 2006 dollars

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