Thread: To bail out or not to bail out...that is the question.
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Old 11-25-2008, 04:54 PM   #62
Arne
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Originally Posted by GermanDunk View Post
Hm, inflation adjusted means calculated on todays excange rate ?
It means that they try to say that it would need $700bn. today in order to buy all the stuff that could be bought for $110bn. during the Vietnam war.

It means they take into account that our money is constantly being depeciated (no matter what offcial currency you use), since central banks are printing money like crazy everyday...

P.S.: I'll answer your PM another they, I need to go to bed now, sorry! :-)
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