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by medvezhenok 1774 days ago
That's computing based on purely the discounted value of money. The more useful metric is not the % of inflation, but rather the % you can get on your money lying around (your answer assumes that to be 40% annually as well - i.e. a real rate of zero, but real rates on all of your options could be deeply negative as well).

(though from an academic point of view you are completely correct)