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Why would printing 700 Billion dollars for the Bailout cause an inflation?
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With inflation how much would the Vietnam War have cost in 2007?
One estimation, at today's currency, was approximately $700 BILLION DOLLARS.
How does inflation affect exports and imports?
Inflation is the devaluing of currency by physically printing more without having equivalent assets added to your possession. It would make imports cost more and exports be worth less. This is what happens when a trillion dollars is printed and poured into the pockets of those responsible for an economic crash in the first place. By printing a trillion without adding assets, it makes all the dollars worth considerably less. Everything around you goes up in price while you are making the same amount as before the printing splurge. This action makes every citizen of the USA poorer.
What is 2.8 billion euro in us dollars?
2.8 billion Euros = 3.6 billion US Dollars as of March 2013
What is 2.8 billion US Dollars in Indian Rupees?
2.8 billion US Dollars is equivalent to 177.83 billion Indian Rupees.
What is 50000 dollars in 1980 is worth how much today?
Look at http://www.westegg.com/inflation/. $50,000 in 1980 is $129,014.84 in 2008 dollars. So, roughly a 150% inflation.
Money spent on Korean war?
Korean war cost roughly about: $54 billion, Inflation Adjusted Cost: $454 billion dollars Iraq war cost roughly: $551b, Inflation Adjusted Cost: $597 billion dollars And finally, the Bailout: the total cost now exceeds $4.6165 trillion dollars
What is the cost of government bailout?
Congress says 700 billion dollars, but no one knows for sure.
Will the 700 billion dollars for the bailout come from China?
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.
How much was JP Morgan worth?
If you include wealth both directly and indirectly controlled by him, J.P. Morgan wealth peaked at $1.3 billion. Adjusted for inflation, that's is about $28 billion in modern dollars. This is according to Wikipedia, who in turn cites "Carosso (1970) p. 42". Inflation calculation was performed by http://www.westegg.com/inflation/
Where can they get 10000000000000?
If you are referring to the US budget or the Greek bailout, they will simply print that many dollars or euros. If there is not a similar increase in the national product, this will lead to inflation or a decrease in the real value of the money.
What was the result of the Confederacy printing money to pay its bills?
The Confederacy reached the point where it was forced to print Confederate dollars to pay its bills. This debased their currency and caused inflation. The North also resorted to printing money as well. The North printed $150 million during the war. They experienced a bit of inflation, however, its holdings in precious metals limited the impact of its policy of printing dollars.
How much money would the bailout plan need?
There are 9.4 trillion dollars in sub prime loans. Present plan is to give $700 billion (not million) to wealthy wall street banks as a gift. But this is might take 14 more bailouts to buy all the subprime bad investments. By then, inflation will have taken over the economy, the dollar would be worthless, and gasoline would have tripled. The U.S. House of Representatives has passed the revised version of $700 billion bank bailout plan intended to bolster the ailing U.S. financial system.
How much money did it take to build the Golden Gate bridge?
$35,000,000 in 1937. Given inflation, in 2007 dollars that would be over half of a billion dollars! ($500,483,786.13)
How much money did it take to build Golden Gate Bridge?
$35,000,000 in 1937. Given inflation, in 2007 dollars that would be over half of a billion dollars! ($500,483,786.13)
What is pablo escobar's net worth 2009?
Before his death he was worth well over Twenty-Five Billion Dollars. Adjusted for inflation right around 40 billion.
With inflation how much would the Vietnam War have cost in 2007?
One estimation, at today's currency, was approximately $700 BILLION DOLLARS.
How much did the Apollo 11 eagle cost?
We must remember that it would cost less in 1969, it was a few million dollars, now it could reach a billion dollars due to inflation.
