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Re: Economics & $$$ Question.
In Response To: Economics & $$$ Question. ()

The only real money is hard money... gold and silver for the most part. It holds it's purchasing value over long periods regardless of what the politicians do. The US$ was worth 1/20 T.O. of gold in 1993 when the US suspended dollar convertability. Now it's worth 1/250 T.O. of gold.

That means the real value of the dollar has been debased to 20/250, or 8% of what it was in the thirties. Your 1933 $100 bill is now worth $8 in purchasing power!

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Economics & $$$ Question.
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Re: Economics & $$$ Question.

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