Comments by "k98killer" (@k98killer) on "Johnny Harris" channel.

  1. The inflation adjustment is understating the devaluation of the dollar significantly. In 1955, the dollar was defined as 1/35th a troy ounce of gold, and the modern conversion rate is roughly $3300 to 1 ozt. 4000/35*3300 = $377k. Of course, you couldn't actually get the gold since ownership had been outlawed by FDR to make sure everyone was robbed equally by his currency devaluation, but inflation measurement is fundamentally flawed because of the monetary regime changes between.
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