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Fairyland

How Much Has The £ Dropped In International/real Terms Over Last 15Years?

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This is based on a discussion with an ex coworker I happened to meet. The guy bought a luxury apartment in 2001 in his home country for £25,000. Highly educated, Intelligent and hard working chap. His apartment is now worth £100,000(400%) whereas £ is gone up just by just 20%. He was repenting buying in London suburb which has gone up by a max of 2.5 times over the same period.

If this is the case with countries, how much do you think pound has fallen in international (real?) terms?

Edited by Fairyland

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