- 2 days
It was about that time I noticed that sweet little pop rapper was a right story tall crustacean from the plethazoic era. I said get it out here!
- 2 days
Yeah exactly. At birth, his value in today’s money is about $3.10. assuming he is still $0.50, his purchasing power has dropped by more than 80%
Well if you ask a coin collector a coins rarity effects it’s value greatly. Being 50 Cent is the only half dollar stamped with 1975, that explains why he is now worth so much.
- 2 days
Well, yeah, but then you are talking about the non-fungability tied to his distinct features, not his transactional value.
You didn’t think it was cool at all that no half dollars were minted with 1975 on them? Sheesh… I really am a dork
- nedwben@lemmy.cabot account2 days
Was he fifty at birth?
His first album was 2003; ‘Get Rich or Die Tryin’. If 50 cents was his valuation then, that would mean Curtis Jackson’s valuation was 22¢ at birth in 1975. Assuming he follows a somewhat arbitrary inflation rate of 3%. (This is also assuming he is not an asset of higher expected return like property, stocks, or bonds.) Putting him at a less attractive 99¢ today.
If he is the the currency himself, rather than being valuated at 50¢, then he would have devalued. This would put his value at around 27¢ today and $1.68 at birth.
- 2 days
If 50 cents was his valuation then, that would mean Curtis Jackson’s valuation was 22¢ at birth in 1975. Assuming he follows a somewhat arbitrary inflation rate of 3%.
But that’s just inflation. His physical and mental development surely added value, meaning he was probably worth much less than 22¢ at birth.
Also, link preview kind of ruined your sauce joke, but I still liked it.
2 daysHe’d have been better off just putting himself in an index fund.
