Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON August 20, 1969
Full News Archive
- Headline: The Money Squeeze: Economic Perspectives Clash. Impact: The split among economists about monetarism and Keynesianism led to a future where every economic policy discussion feels like a family reunion gone wrong. Eventually, this debate gave rise to countless economics memes, which are the real currency of the future.. Fact: Did you know that monetarists believe money supply is more important than fiscal policy? So, basically, they think if you throw enough money at a problem, it might just go away. Kind of like how I deal with my laundry..
- Headline: Psychic Injuries Among Biafran Soldiers. Impact: The psychic injuries suffered by Biafran soldiers contributed to a greater awareness of mental health in warfare, eventually leading to a world where every soldier gets a therapist who specializes in 'sudden loud noises.'. Fact: Shell shock, now known as PTSD, was once thought to be a sign of weakness. Thank goodness we've made some progress since thenβlike recognizing that surviving war is a valid reason to need a little extra help..
- Headline: Pope Receives Dr. Cooley. Impact: Dr. Cooleyβs audience with the Pope marked the beginning of a trend where medical professionals sought divine endorsement, leading to the first-ever 'Holy Prescription' that became a trend at pharmacies.. Fact: Pope meetings with doctors are like celebrity meet-and-greetsβeveryone wants an autograph, but only a few leave with a divine blessing..
- Headline: SURVEY INDICATES SPENDING DECLINE; Federal Reserve Discloses Study Results on Plant and Equipment Plans. Impact: The federal survey on spending decline foretold the rise of future economists who would spend their lives analyzing trends that could have been solved by simply asking people to stop buying avocado toast.. Fact: Declining spending is like a bad haircutβeveryone notices, but no one knows how to fix it without major intervention..
- Headline: Villager, Inc., Omits Dividend Payment; VILLAGER OMITS LATEST DIVIDEND. Impact: Villager, Inc.'s decision to omit dividend payments set off a chain reaction of companies re-evaluating their financial strategies, eventually leading to an era of corporate jargon that made even finance sound like a foreign language.. Fact: Omitting dividends is like ghosting someone after a few datesβit's a sure sign that something isn't going well, but no one wants to actually talk about it..
- Headline: G.M. PAYS DELAWARE $1-MILLION IN TAXES. Impact: GM's million-dollar tax payment under protest sparked a future where every company learned that paying taxes is just another way of saying, 'We promise weβre investing in the community, even if it feels like a donation to a black hole.'. Fact: GM paying taxes is like a kid doing choresβno one loves it, but everyone knows itβs part of growing up..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1969, it would be worth $972,040 today (972.0x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1969, it would be worth $527,083 today (527.1x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1969, it would be worth $1,470,783 today (1470.8x return)