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. [link] [comments] |