Who do you think had it the worst?
In other words, whose shoes would you least want to be in?
shareRussell Finch had certainly dug himself into a hole - sinking $40,000 into a company that makes edible seaweed for over $4 a can (What is that in current-day money? Yipe). And then there's his...mother-in-law.
I see you can buy canned seaweed, and only $3 and change in today's money...so they did manage to get the price down.
Emmeline, do you know why your husband had a nervous breakdown? It's because he has sunk $40,000, including $15,000 of my money into a company that makes seaweed for people to eat. And not only does nobody like it, but it costs over $4.00 a can!
If Mama Cass had handed that ham sandwich to Karen Carpenter two lives might have been saved
+[email protected], "...sinking $40,000 into a company that makes edible seaweed for over $4 a can (What is that in current-day money? Yipe)"
There's actually a website called www.dollartimes.com which has a Inflation Calculator available to determine the rate of inflation of the dollar since 1914 until 2014.(http://www.dollartimes.com/calculators/inflation.htm)
Example, after crunching a few numbers on my own using the sites inflation calculator, it appears that the purchasing power of a $40,000 investment Russell Finch made in 1963, is the equivalent to making a business investment of $306,643.42 in 2014.
In other words, a person would need to have $306,643.42 in 2014, in order to afford all the goods and services that a person could afford to purchase in 1963 with $40,000. That's a pretty big investment, which makes it a lot easier to understand Russell's recent mental breakdown when it appears that he might lose most, if not all, of that investment money.
Unfortunately, for Russell Finch, if he owed his mother-in-law from hell $15,000 from the total $40,000 that he invested in 1963. Then he owed his mother-in-law what is the equivalent of $114,991.28 in purchasing power today. Yeah, try getting out from under mother-in-law hell when you owe her that much. Man, no wonder Ethel Merman's character is such a bitch all the time.
Also, If you sold your cans of seaweed for $4.00 a can in 1963? Then, that would be the equivalent of $30.66 a can in 2014. Wow, at that price, it better be one delicious can of seaweed.
And, if you were able to find the $350,000 of stolen money all by your lonesome in 1963, and didn't have to split it with anyone. Then, it would be the equivalent of acquiring $2,683,129.93 of purchasing power in 2014. Once again, a person in 2014 would need $2,683,129.93 in order to afford all the goods and services that a person could afford to purchase in 1963 with $350,000.
Anyway, I could go on-and-on for awhile, but I think everyone gets the idea at this point. So, I'll just finish this reply by encouraging everyone to visit the site that I linked to and do some inflationary calculations of your own. It's actually a lot of fun.
Like, figuring the equivalent purchasing power in 2014, if Pike at the beginning of the film, originally agreed to take a share of $66,000 in 1963? Take the time to check it out for yourself. The answer will probably shock you.
Here is the answer to the equation if you don't want to do the calculations yourself. $66,000 in 1963 is equivalent to $505,961.64 of purchasing power in 2014.
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