Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

Doom
Member since May 2012
85 commentaries -

0 followers

has posted a comment on the article :

A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)

- Mac Slavo - ShtfPlan

What's really odd about that list is how often the "new" price is in the area of 20x the old price, at least when you're around 50-100 years ago. It's almost as though the purchasing power of an ounce of silver (which is basically what "$1" represented over a century ago) has remained the same, while the purchasing power of a dollar has fairly consistently dropped 95% over that time period.

Commented 3709 days ago

Send

Beginning of the headline :Ever since the creation of the Federal Reserve in 1913 Americans have seen the value of their currency dwindle. We know the dollar has lost some 97% of its value since the Fed took over. But it’s hard to actually grasp this destruction of value without some examples. The infographic below, originally posted at The Burning Platform, is self explanatory. We are being robbed bit by bit, on a daily basis, and there is no end in sight. This is why you should be investing in hard assets like precious... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis