!["inflation" [800x600 - 579KB]](https://pic8.co/sh/WORKJ0.png){kind=link}
12 cents is about $1.18 today, assuming you start January 1964.
Assuming you pay two Mercury dimes for the hamburger, that's .144 Troy Ounces of Silver, or approximately $3.38 in silver, assuming the coins are just junk silver. You're going to get $0.08 back, meaning you've paid $3.30 for a $1.18 hamburger.
This isn't inflation, this is kikery on a whole new level.
he's referring to quarters i guess
Assuming you buy that $0.12 hamburger with a quarter, it's even worse. A quarter had 0.1808 Troy Ounces of silver, for a value of about $4.24. You're going to get $0.13 back in modern coins, meaning you've now paid $4.11 for that hamburger.
yes it's a scam... but it highlights how little inflation we'd experience if we were still on the silver standard.
(post is archived)