metamityavia treechat·1mo
Replying to #ce3871cf
❤️ 13 Likes · ⚡ 0 Tips
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  "map_content": "i think the idea is that if we take the 1913 price and adjust it for inflation to account for the money printing which has occurred since then, then today's gold/silver price should be much higher than it is in today's dollars by the factor given above",
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⬇️
SmilaZvia treechat·1mo
❤️ 3 Likes · ⚡ 0 Tips
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  "map_content": "Approx what would it be? And what would the dollar be without the inflation?",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

Replies (1)

ArsObKSCvia treechat·1mo
Replying to #397e9aa7
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "The dollar would be one dollar, but backed by gold as it was before. So paper money allows them to inflate the price because it's not backed by anything",
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