Gold v paper money

Gold v paper money

Since 1971, the US dollar has lost 98.94% of its value against gold.

During the same period, the pound sterling has lost 99.42% of its value.

The euro would have lost 98.76% if it had existed since 1971.

The Japanese yen and the Swiss franc have fallen by 97.47% and 94.85%, respectively.

Note that gold hasn't changed. It's the currencies that have lost almost ALL of their purchasing power.

Yes, it's a scam.

submitted by /u/birth_of_bitcoin to r/btc
[link] [comments]
Quelle: bitcoin-en