Memes

45619 readers

1018 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

930

Who could have forseen the woes of capitalism? (lemmy.zip)

submitted 9 months ago by [email protected] to c/[email protected]

97 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 9 months ago (1 children)

The context of that quote is a little lost, because these days with inflation and housing prices, just owning your own home probably makes you a millionaire.

[–] [email protected] 2 points 9 months ago

I think you meant to reply to my other response where I quoted William Jennings Bryan. If so, you're right, the number has changed. $1M in 1896 is the equivalent of $36.5M today. But it certainly applies to billionaires, and we were talking about them, so I felt that it was relevant.