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Date Posted: 09:59:19 02/08/07 Thu
Author: Anthony
Author Host/IP: webcacheh01a.cache.pol.co.uk / 195.92.67.65
Subject: Re: Why did the British Empire break up?
In reply to: RMW Stanford 's message, "Re: Why did the British Empire break up?" on 12:22:17 02/07/07 Wed

>
>>
>>So inflation over 56 years ate up 3.2 billion dollar
>>profit, this is not 1923 germany we are talking about.
>
>Doesnt have to be, eating up 3.2 billion over 56 years
>isn't all that much, like I said look how much the
>original 4.3 billion is if you adjust it to 2006 price
>levels. This was with fairly low inflation, under
>hyperinflation like Germany in 1923, that much would
>of been eaten up in days.

So you admit it, low inflation would not take to much away from America's profit, surely you would be pleased if your investments turned in a profit like that, regardless of the pounds declining value you would still get the right amount of dollars back. The uk would have to buy US dollars (from where else )earning you a nice commission with declining pound sterling just to finance the loans capital sum with the interest gathering on it.

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