Sunday, Feb 18, 2007
This time next century Rodney....
Firstrung: £85.6m today is equivalent to £1m in 1907
Someone would need £85.6 million today to enjoy the equivalent lifestyle of a person with £1 million in 1907, demonstrating how dramatically inflation has reduced the spending power of £1 million over the past 100 years. Alternatively, £11,700 in 1907 would have had the equivalent spending power to £1 million today, according to new research from Clerical Medical
Posted by converted lurker @ 10:39 AM (152 views) Add Comment
1 Comment
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1. Mr Plumbase said...
Tell me about it! The last 7 year old who did my chimney wanted a tenner! And the cost of servants these days, well just shocking.