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.
It seems that leaving the gold standard is really what started the meteoric rise in inflation.
>but it highlights how little inflation we'd experience if we were still on the silver standard.
See the bright side of things, you can declare all that fuckery null and void since unconstitutional... No scam, it was written all over it since day 1!
(post is archived)