现在扣除资本利得税，并引入每年3%的通货膨胀率进行计算。
Now subtract capital-gains taxes and add into the mix an inflation rate of 3%.
美国股市历来不受什么管制，其年均回报率，扣除通货膨胀率以后为10图片点击可在新窗口打开查看%左右。
In the US, which has a long history of deregulated stock market, the average real return per annum after inflation is approximately 10%.
指从现行的利率中扣除通货膨胀率后所得的实质收益率。
The actual rate of return after erasing the inflation rate from the current interest rate.
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