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>>> >>If 4.3 of your billion dollars in 1945 is now worth >>33.4 billion today then your profit of 3 billion odd >>is now worthless because it was paid over 56 years due >>to inflation , did America suffer from such inflation >>? > >Inflation in the US was a on average a little lower >than in the UK during that time period, about 2%, over >56 years it does take much each up that much money. If >you want to see for yourself how fast it can eat up >money, you there are several sites that contain the >inflation rates and the change of price level for the >United State and the United Kingdoms. > >some how the banker & economists must have factored >>in inflationary pressures when the lend lease was >>drawn up. > > >There is two choice on that one, either they drew it >up with no intention of making of profit or they >expected lower inflation over the time period. Like I >said if anyone knows were I can find the year by year >payments, I would be happy to both discount there >total values back to 1945 USD and adjust them to 2006 >USD. Based off the figures there, its pretty unlikely >the US made much of any of profit off of the loans. > >> > >>They had no choice, Britain was bankrupt and America >>knew it & took full advantage of their weak ally to >>put pressure on Britain to wind up her empire as >>quickly as possible to make way for uncle sam to rule >>the world. > >Britain could of paid the United States back far >earlier than it did, the reason it took the entire >life of the loan to pay us back was once the loan was >made, that was economically sensible thing to do. When >some one gives you cheap money you don't pay it back >quickly. If the United States sole interest had been >breaking up the British empire we wouldn't have made >the loan in the first place, the loan was beneficial >to the British economy by adding more funds to it. >There were other policies of the United States that >weren't favorable to the empire, but the loan wasn't >one of them.
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