Hacker News new | comments | show | ask | jobs | submit login

The inflation rate in Australia was pushing 4% last year. That's a nominal return of 2.X%.



It's a real return of ~2%, it's a nominal return of 6%. "Nominal" in this case means "in name only" - it's the face-value of the return, not the actual value.




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: