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misscashalot
11-22-2012, 11:02 AM
http://archive.org/details/RacingBlood

iceknight
11-22-2012, 12:05 PM
http://archive.org/details/RacingBlood Thanks for the post. The geek in me had to calculate the value of $ 4.85 (what he pays for the horse) in today's dollars.

According to one source, it is

$4.85 in 1936 had the same buying power as $79.31 in 2012.
Annual inflation over this period was 3.75%.

http://www.dollartimes.com/calculators/inflation.htm

Still watching the movie right now!
ps: I don't want my comment to turn this into a politcal discussion. We all know that during Washington's time a dollar went a long way.. all the way across the Potomac :P

misscashalot
11-22-2012, 09:14 PM
He won the thousand dollar purse which, according to your numbers, is $16,350 today. Not a bad investment for Frankie and his 20 $5 backers who put up the entry fee. A winning share equals $817 in today's value.

iceknight
11-26-2012, 11:57 PM
He won the thousand dollar purse which, according to your numbers, is $16,350 today. Not a bad investment for Frankie and his 20 $5 backers who put up the entry fee. A winning share equals $817 in today's value.
And he is very smart in getting backers! It was a fun movie. thanks for sharing it.