One million dollars was once a fabulous fortune, but thanks to inflation could now buy you half of a crappy house in a place like Florida.
Dr. Evil thought a high ransom for the entire world was one million dollars. That still would've been low in his time, but illustrates what used to be a lot of money.
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When Donald Trump wants to brag about his money he uses this phrase.
Donald Trump: My dad gave me a small loan of one million dollars...
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