In the 1700's the French lent the USA over $2m ($500m in today's money) to fund their war of Independence against the British Empire.
If the USA was forced to repay it using standard interest rates they would owe France about $250bn.
If the USA was forced to repay it using standard interest rates they would owe France about $250bn.
Comments
* Don't forget Spain and half the rest of Europe.
"Here’s how much the $2 million loan from 1776 would have grown to in 2024:
5% interest → $359.73 billion
6% interest → $3.77 trillion
7% interest → $38.74 trillion
8% interest → $389.15 trillion
[Inflation is excluded. It doesn't understand -- it tried to divide by 4000 at first.]