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Saw this meme circulating and I had a vision

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Since the server was so delighted about it, I must share my discovery here, too.

Explanation for Nihil:

- Nosferatu

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In 1929 the price of a troy ounce of gold was $20. There are 32.15 ozt per 1kg bar, so that equals $6,430 for 10kg of gold.

Today an ounce of gold is $2,344.90 per troy ounce. That equals $753,885.35 for 10kg of gold.

The average home price in the USA in 1929 was $4,902. So 10kg of gold would have gotten you nice size home.

The average home price in the USA today is $412,095. So 10kg of gold would get you a nice size home today as well.

Its not that gold has gone up in value, its that the dollar has lost 99.14% of its purchasing power since 1929 due to the printing and expansion of the currency supply.

Property values didn't go up by 840.67%, the dollar lost that much purchasing power 95 years.

~Citizens for Sound Money 💰

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