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According to the WestEgg Inflation Calculator, $1 Million in 1900 would be worth $24,613,670.55

You can thank the Federal Reserve and our Fiat currency for such a depreciation in the value of our money. Just think, since the end of WWII, our dollar has lost 95% of it's purchasing power. You can bet in the redistribution of wealth that has occurred over the last 100 years or so, very little went into your pocket(s).

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14y ago
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9y ago

A person with one million dollars had the buying power of 250 million dollars today. That is relative to the present value of a dollar.

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Q: What is 1 million dollars in 1911 worth now?
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