Birdwatch Note Rating
2024-10-02 05:55:05 UTC - HELPFUL
Rated by Participant: FCB6A1B331F86367593A254342559EA0706D1C62260932A4DF213105F2DCAFC5
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