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GUEST,Richie Country Musicians: Comparing money (12) Country Musicians: Comparing money 22 Sep 07


This has had me confused for years now. I've been reading "Will You Miss Me When I'm Gone?" The Carter Family Biography.

Here's my question: It says Earnest Stoneman earned $3,600 in royalties in 1926. What does that mean in today's money?

Is there a chart that compares money in different years?

In this equation the amount of money made in 1927 would be mutiplied 20 times to equal what it is today; 1927 X 20= 2007 Would this be close to being right?

So Ralph Peer was making $250,000 in 1928 off his royalties alone. That's a boatload of cash but what does it mean today?




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