Inflation Adjusted facts
While investigating facts about Inflation Adjusted Dollars and Inflation Adjusted Calculator, I found out little known, but curios details like:
The most successful Bond movie ever is Thunderball released back in 1965. The movie made over $141 million which amounts than $1 billion today when inflation is adjusted.
how to calculate inflation adjusted return?
The Atari 2600, adjusted for inflation, cost $790 in today's dollars
What would minimum wage be adjusted for inflation 2018?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what does adjusted for inflation mean. Here are 50 of the best facts about Inflation Adjusted Return and Inflation Adjusted Gold Price I managed to collect.
what would minimum wage be if adjusted for inflation?
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Andrew Carnegie gave away more than 90% of his wealth, with much of it going to found 2509 public libraries at an inflation-adjusted cost of more than $1.3 billion
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While Avengers: Endgame is the highest grossing movie of all time, when adjusted for inflation, 1939's Gone With the Wind is still the frontrunner by over a billion dollars.
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After adjusting for inflation, U.S. presidents earn less salary now than any time in American history, at $400k per year. The highest was in 1909, when the POTUS earned approximately $1.9 million in 2012 dollars.
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Mansa Musa, ruler of the Mali Empire in the 14th century, is the richest person who ever lived(inflation adjusted)
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George Washington was worth $525 million in his day (adjusted for inflation)
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A customer was gifted overgenerous contract terms due to a misplaced comma in a contract with aerospace giant Lockheed Martin. The erroneous comma radically altered the inflation-adjustment formula resulting in $70 million loss to Lockheed Martin.
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When adjusting for ticket price inflation Gone With The Wind is the all time biggest earning film in the US, grossing $1.6 billion domestically which is over twice as much as Avatar earned.
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In the United States average wages haven't grown since 1964 (adjusted for inflation)
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The Hoover Dam, adjusted for inflation, cost less than a modern B2 Stealth Bomber
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The richest president of the United States (adjusted for inflation) was George Washington.
Inflation Adjusted data charts
For your convenience take a look at Inflation Adjusted figures with stats and charts presented as graphic.
Why is it helpful to have the prices adjusted for inflation?
You can easily fact check why is it important to consider an inflation-adjusted measure for the exchange rate by examining the linked well-known sources.
America sends Cuba a check every year for the Guantanamo Naval Base lease. The checks are not adjusted for inflation and are made out to the Treasurer General of the Republic, which no longer exists. Fidel Castro only ever cashed one, and stuffed the rest into a desk drawer.
The CIA had an operation called "Acoustic Kitty" in which they surgically implanted a bugging device into a cat, only to have it being squashed by a taxi on it's first mission. The project was cancelled shortly after, having cost about $25M or over $185M adjusted for inflation. - source
George Washington was the wealthiest US President, with $525 million (adjusted for inflation). His salary was 2% of the total US budget in 1789, and he owned over 50,000 acres of land. - source
That, adjusted for inflation, Afghanistan has sucked in more money than was spent stabilising all of Europe under the Marshall Plan after WWII
At the height of the Grateful Dead's touring years, Jerry Garcia was using $1800 (adjusted for inflation) worth of drugs per day. - source
When is cpp adjusted for inflation?
When adjusting for inflation, John D Rockefeller is the richest man in history with a net worth of 10 times that of Bill Gates.
How to calculate inflation adjusted price?
In 1961, one giga FLOPS would have theoretically cost $8.3 trillion USD (adjusted to inflation) whereas today one giga FLOPS costs 8 cents.
The US Presidents annual salary is $400,000/yr. Adjusted for inflation it’s the lowest it’s been since 1789.
The 1997 film Titanic, adjusted for inflation, still cost more to make than the actual ship itself in 1909.
The movie Gone With The Wind, When adjusted for monetary inflation,is still the most successful film in box-office history.
Star Wars IV a new hope, only cost $11 million to make back in 1977. Adjusted for inflation, that is roughly $40 million today.
Inflation adjusted infographics
Beautiful visual representation of Inflation Adjusted numbers and stats to get perspecive of the whole story.