"Rockefeller's wealth was ~420 billion (inflation adjusted) at its peak."
Dumb question. Why do people use inflation? Like Rockefeller would take the cash and put in a %2.5 account for 100 years? He probably would have put it in an investment at minimum gaining %7-10 account for 100 years - giving him multiple trillions.
Dumb question. Why do people use inflation? Like Rockefeller would take the cash and put in a %2.5 account for 100 years? He probably would have put it in an investment at minimum gaining %7-10 account for 100 years - giving him multiple trillions.