How inflation devalues money
Over the last 92 years, the purchasing power of the dollar has collapsed by approximately 150 times:
• in 1933, one ounce of gold was priced at $20.67;
• the price of an ounce today is ≈$3334.
Over the last 92 years, the purchasing power of the dollar has collapsed by approximately 150 times:
• in 1933, one ounce of gold was priced at $20.67;
• the price of an ounce today is ≈$3334.