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Strategies & Market Trends : ahhaha's ahs
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To: Elsewhere who wrote (24647)7/11/2017 3:51:43 PM
From: grusum of 24758
 
"The US dollar has lost 97% of its value since 1913."

true, and gold costs 60-65 times as much in US dollars as it did in 1913. But, in terms of US money, it only cost about half as much now as it did back then.

the purchasing power of 'dollars' and 'money' are quite different.
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