jfi -
$100,000 kept in cash when the US went off the gold standard in 1933 is now worth an inflation-adjusted $2,000.
The same $100,000 kept in gold? Now worth $4.9M.
Inflation = Game, Set, Match: Gold.
Cash vs. Gold vs. Inflation:
Would You Prefer $2,000 or $4,900,000?
Peter Krauth
March 13, 2018
dub
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