Friday, November 13, 2015

Miscalculation

My bad. When I said yesterday that Kathy Chang's squandered $30,000 inheritance in 1981 was the equivalent of $100,000 in today's dollars, I overestimated. It was actually worth $78,529 and 70 cents in today's dollars, according to the Consumer Price Index Calculator.

It's still a terrible waste no matter how much it was.

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