Breakthroughs and everyday innovations from the year.
HEADLINES ON June 22, 1934
Full News Archive
- Headline: Rare Coins Fetch High Prices at Auction. Impact: The skyrocketing prices of old coins led to an underground economy where people started hoarding their lunch money, convinced that pennies would one day be more valuable than gold. This ultimately resulted in a worldwide shortage of vending machine change.. Fact: In 1851, that $50 Gold Slug was probably just a fancy way to say, 'Look! I have more money than sense!'.
- Headline: City Notes Interest Rate Cut. Impact: This seemingly mundane interest rate cut set off a series of events where people began to invest in questionable financial schemes, leading to the creation of the world's first pyramid scheme involving actual pyramids. Spoiler: it didn't end well.. Fact: Cutting rates is excitingβsaid no one ever! But hey, at least someone saved a few bucks. Exciting times!.
- Headline: Mexican Villagers Flee Before Worm Invasion. Impact: The great worm invasion led to the establishment of the first-ever 'Worm Watch' organization, inspiring future generations to take worm-related threats seriously, and spawning a series of horror films about mutant worms that haunt the dreams of children everywhere.. Fact: Turns out, worms are less about soil aeration and more about causing panic. Who knew?.
- Headline: Plugged Tax Loopholes Bring $2,500,000 in Year. Impact: The closure of tax loopholes ignited a fierce underground movement of accountants who became tax rebels, ultimately leading to the creation of a secret society that still meets every Tuesday to discuss how to creatively destroy paper trails.. Fact: Plugging tax loopholes is kind of like putting a band-aid on a sinking shipβnoble, but ultimately futile..
- Headline: Doctors Bid MacDonald Take 3-Month Vacation. Impact: MacDonaldβs enforced break led to a nationwide trend of burnout awareness, sparking the 'Rest Revolution' where people began to prioritize self-care over workβmuch to the dismay of their employers and the coffee industry.. Fact: Three months of rest? Sounds like a dream! Too bad it took doctors to convince someone to stop working. That's some serious irony..
- Headline: Brandon -- Goldstein.. Impact: The marriage of Brandon and Goldstein caused a sudden spike in wedding planner popularity, leading to the bizarre trend of hiring celebrity impersonators for nuptials. The couple's honeymoon became a blueprint for romantic comedies that followed.. Fact: Brandon and Goldsteinβsounds like a law firm, but nope! Just another love story in the making..
- Headline: HARRIET KNOWLTON ENGAGED TO MARRY; New Hampshire Girl Affianced to Alton T. Petersen, Army Air Corps Student.. Impact: This engagement led to the creation of countless love stories filled with army theatrics and dramatic letters, eventually inspiring a generation of rom-coms that made military uniforms the hottest wedding attire.. Fact: Engagements are just fancy ways of saying, 'I promise to annoy you for life!'.
- Headline: Lady Astor Nearly Halts Wine Sipping Ceremony. Impact: Lady Astor's near-interruption sparked a global debate on the importance of wine etiquette, resulting in the establishment of the 'Wine Appreciation Society'βa front for people who just wanted a reason to drink more.. Fact: If only we could all be as important as Lady Astor, who knew halting a wine ceremony could be a full-time job?.
- Headline: DE LA SALLE GRADUATES 49; Magistrate Farrell Urges Aid to Community for Success in Life.. Impact: The graduation of 49 students led to an unexpected surge in community service projects, which eventually turned into a competition for the 'Best Samaritan' awardβbecause nothing says 'helping others' like a trophy!. Fact: Graduating is just the first step towards a lifetime of wondering if you really learned anything at all!.
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1934, it would be worth $147,887 today (147.9x return)
IBM
IBM
IBM - If you invested $1,000 in 1934, it would be worth $205,272 today (205.3x return)