Inflation? Nominal Value doesn't change but its purchasing power does.

 

I don't think inflation and depreciation are synonymous.

depreciation - definition of depreciation - A noncash expense that reduces the value of an asset as a result of wear and tear, age, or obsolescence.

Still, inflation isn't currently at a big enough rate to significantly change the value of $25M.

 

I dont know if you guys saw that one episode of Fifth Gear.
They had Michael Schomaker (sp) race Vicki in a race to see who gets the highest MPG. Obviously, Michael won since he knew exactly how to save fuel like what they do in pro circuits.

I digress, but the point i was trying to make is that, the cars they were racing, were capable of doing over 400 mpg. I think Vicki did 3xx and Michael got over 5xx i think.

Those car look like solar cars, in terms of weight and aero and SPEED
I dont think they can do over 50mph. And they cost alot more than your average hybrid cars.

I dont think anyone would be up to this challenge... Vee Dub made that one car that got over 100mpg. I forgot what its called. I think it was 1 liter.

oh anyone who wins this money, would be winning for bragging rights

 

Well of course they're not the same, but purchasing power decreases over time with cyclical inflation, so in a sense the cash is losing some of its "value". Like I said, not in a nominal sense, but its still worth less with respect to what it can be used for.


And over a 10 year period, 25 million dollars can significantly change in value. Opinions of current inflation rates don't matter, It's over the span of 10 years, even at a relatively low inflation level, it will still change.

 

Where did 10 years come from anyway?

I bet the rules will state minimum size and cargo capacity.