On Wed, Jan 8, 2014 at 2:56 PM, Daniel Roseman <[email protected]>wrote:

>
> No, no, no. None of this is true.
>
> Decimals are not a differently-formatted version of floats. Decimals are
> not a built-in datatype in Python, it's true, but they are provided in the
> standard library in (not surprisingly) the `decimal` module. As the
> documentation for that module explains, decimals do provide precise
> floating-point arithmetic, and are therefore suitable for representing
> things like currencies. Databases usually also provide a similar datatype,
> which Django's DecimalField maps to.
>

Thanks for this post Daniel.  I was just about to bring up the fact ath
Python (since 2.4) has had decimals and does provide a library of
operations for them.  http://docs.python.org/2/library/decimal.html

Hence, my confusion about the DecimalField really using a float.

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