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.
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.
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.
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.