ZUBY – X, Released on 5/26/25
With the current rate of inflation, $1 million in 100 years will be worth about $55k in today's dollars.
— ZUBY: (@ZubyMusic) May 26, 2025
ZUBY – X, Released on 5/26/25
With the current rate of inflation, $1 million in 100 years will be worth about $55k in today's dollars.
— ZUBY: (@ZubyMusic) May 26, 2025
This translates that Zuby’s average rate as of inflation for next 100 years is ONLY 2.9%. Completely financially illiterate.
Gold lost more than 99% of its value in the last 100 years, and in this case $1M was degraded to lies than $10,000 today.
Using John Williams inflation rate of 10% that you posted today, $1,000,000 today will shrink to $25 in 100 years.
An easier way to estimate things is to Use the Rule of 72.
If inflation is 10% as stated, dividing 10 into 72 means the principal doubles every 7.2 years. Divide 7.2 into 100 years, and this gives you have many times the principal doubles, yielding roughly 14x.
$55k doubled, then doubled again, etc 14x is $901k.
So Zuby’s numbers appear roughly correct.
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And, again, using 10% inflation on $1,000,000 investment, you will find it reduces in 1/2 every 10 years; so in 10 years, it is worth 500k; after the next 10 years, it’s worth 250k; then 225k; then 125k; then 62.5k; then 31.25k; then 15.625k; then 7.8125k; then 3.90k; then finally $1.95k (not $25).