Birdwatch Note Rating
2024-10-02 01:54:14 UTC - HELPFUL
Rated by Participant: 26F747644B8DAF1D0FBBA2642762C93CD06C0154C995EA448E3C6EF789E96ED6
Participant Details
Original Note:
This analysis is incorrect & double counts. If one held $1 million as cash in 1913, it would still be $1 million today, not $16,779. The dollars do not disappear. $16,799 is an expression of buying power in 1913 dollars. Also, the 16,799 figure is incorrect. It's $31,449. https://www.usinflationcalculator.com/
All Note Details