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Standard Oil Part I
Acquired
Standard Oil
Inflation adjusting these things is bably the wrong way to look at it. I was thinking about this more in the context of rockefeller's personal wealth, which will dissect in depth on the next instalment here. But sure, you can inflation adjust wealth, but really what you should be doing is looking at them as a percentage of the g d p at that time. So standard oil in 19 hundred produced 60 million dollars in earnings. Let's assume that stannard oyle's revenue represented something like one % of america's g d p probably a little bit shy,. H, well, that is a significant scale.
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