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Comment by jldugger

10x matters quite a bit in generational wealth terms. If every generation doubles the number of plausible claimants to the wealth, thats about what is needed to balance out.

On the other hand:

> If I was alive in 1922 and stashed away $8 million in cash it would only be worth about $140 million today.

Why would it not be worth $8 million?

parent jldugger 3 years ago

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