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If the average price of gold in 2015 was $1150/oz and gold was $50/oz in 1969, then total inflation is probably closer to 2300%. Hendrix was paid $414,000, which seems more reasonable.
I don't think performers were paid as much as they are today. And I think a lot of these bands were not as well known THEN as they are now. And in 1969, I don't think anyone really wanted to hear Sha Na Na.
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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