To: csvset
Ms Plouviez said their value when in circulation had been estimated at a modern equivalent of between £500,000 and £1m, but they were likely to be worth less than that now.
Yea, right. The credit-crunch has hit everything bad, and mark-to-market I guess. Perhaps future arch-heads might dig-up ancient CDS's and interest swaps for historians to ponder, and display at museums. :)
To: Freedom4US
but they were likely to be worth less than that now
Is this a clearly stupid comment, or is there something I'm missing?
To: Freedom4US
Instead of burying their money, if they had invested it with a 1% annual rate of return after taxes and inflation, today it would be worth around $700 trillion.
12 posted on
01/18/2009 7:36:43 AM PST by
Reeses
(Leftism is powered by the evil force of envy.)
To: Freedom4US
Carbon credit offsets. Good as gold.
Good as money in the bank... is that before bailout good or after bailout good?
14 posted on
01/18/2009 7:41:08 AM PST by
csvset
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