Most annoying this imo is the inflation on homes later masked as profit and stolen. You buy a house for 100k. 30 years later it's sold with an avg 2% inflation rate per year for 180k. Value of the home in purchasing power is flat. Government then robs you on that imaginary gain of 80k.
That same $20 will only get you 3.5 gallons where I live.
Gas cheaper than milk?
That's living in heaven either way
Burn the paper and melt the gold
And this doesn't even account for the explosion of taxes (both in rate and in number of different taxes) that have been levied since 1932.
Time to go back.
That Gold Piece will still buy WAY More than the Paper Fiat Fed Notes.
Current melt value of a 1932-1964 Washington Quarter gets you 2 Gallons of gas in most of Texas.
https://www.coinflation.com/
Melt Value - $4.93
Most of rural Texas - $2.25
Most annoying this imo is the inflation on homes later masked as profit and stolen. You buy a house for 100k. 30 years later it's sold with an avg 2% inflation rate per year for 180k. Value of the home in purchasing power is flat. Government then robs you on that imaginary gain of 80k.
Considering that eggs and milk are much cheaper to produce now than 100 years ago also.