| ▲ | tenpies 3 days ago | |
Also worth thinking about inflation with this one. The $10,000 figure originated with the 1970 Bank Secrecy Act[1]. Back then, that was a lot of money. If it had kept up with plain old vanilla government-reported inflation, the number would be closer to $83,000 today[2]. --- [1] https://www.fincen.gov/resources/statutes-and-regulations/ba... [2] https://www.dollartimes.com/inflation/inflation.php?amount=1... | ||
| ▲ | petermcneeley 2 days ago | parent [-] | |
Big Mac Index suggests more like 30x | ||