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Thread: Why TV might have accelerated development
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Old 02-13-2024, 04:15 PM
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Quote:
Originally Posted by Goldwingnut View Post
35 years ago when Mr. Schwartz made that statement a million dollars had a different relative value than what it has today. Then, a million dollars was 10x the value of your home and 100x the cost of a car.
So a Harold Schwartz millionaire today is a 3 - 5 millions millionaire given 300 - 500 price of houses & 30 - 50 price of cars? Of course some can spend more on houses & cars but then they'd need 7 - 10 millions.