Birdwatch Note Rating
2024-10-02 09:09:47 UTC - HELPFUL
Rated by Participant: 9AE1AD1D0CCF0BFAFBB730744F1500DA942A5F8A2E7BDBD0B07E2587A0F0686E
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