The $45T number includes a compounding 5% interest over several centuries... is that normal to do? > Patnaik identifies four distinct economic periods in colon

The $45T number includes a compounding 5% interest over several centuries... is that normal to do? > Patnaik identifies four distinct economic periods in colonial India from 1765 to 1938, calculates the extraction for each, and then compounds at a modest rate of interest (about 5 percent, which is lower than the market rate) from the middle of each period to the present. Certainly interest on stolen funds is also “stolen”. Usually I just see people account for inflation though. I wonder what the original number is before the interest*.