[justshutupandtakeit]

Today's pounds is worth less than that of WWII relative to the dollar. If all of America's expenditures were as productive as this loan I would shout with joy.

[starbase]

Today's pounds is worth less than that of WWII relative to the dollar.

Yes, but what I was getting at was a more honest accounting of what the value was in today's terms, not a slippery discussion of relative value.

For example, if it was 7 billion pounds then, is it, what, 300 billion pounds today? That would give us a clear idea of the magnitude of the service that the US gave to the UK in allowing them to even buy the materials in the first place.

But as manipulatively as this article is written, I don't think a clear view of the magnitude is what the author wanted anyone to have. Of course, it might be 7 billion pounds in todays pounds, but the author is highly unclear on what his numbers really indicate so we don't know then.

I suppose I could look it up if I cared enough, maybe I'll find some free time to do that later.