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Do you make $5,000/day? (sh.itjust.works)

submitted 1 week ago by praise_idleness@sh.itjust.works to c/196@lemmy.blahaj.zone

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[-] Annoyed_Crabby@monyet.cc -4 points 1 week ago

Huh. Based on this online calculator(https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator), if i earn £5000 everyday in 1493(Cuntopher Columbus start his slave trading voyage in 1492 i think), i would have £1,825,000, which in today money is roughly £1,813,589,780.47, that's just for a single year.

Kinda made me the richest immortal in the world.

[-] disrupted@lemmy.world 23 points 1 week ago

that is obviously just an analogy for the huge time span. $5000/day meaning at the current value

[-] OmegaMouse@pawb.social 14 points 1 week ago* (last edited 1 week ago)

Yes, under those conditions you'd have about $969 million: 531 years since 1493. $5000 x 365 = $1825000 per year x 531 = $969,075,000

According to this article Jeff Bezos makes $595,728,000 a week (holy shit), so even if you were Methuselah earning $5000 a day, he'd still have more money than you after two weeks 😱

[-] termain@programming.dev 5 points 1 week ago

As in Jeff Bezos's assetts appreciate at 600M a day. To reiterate the OP's point.

That is a dangerous amount of power concentration.

[-] Tramdan@sh.itjust.works 12 points 1 week ago

If you're going to adjust the final amount for inflation then you need to adjust the £5000 for inflation so in 1493 you would only be earning £6 per day.