If society understood this one graphic, there would be a revolution.
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Agree
Honesty, I sometimes have a hard time understanding it. Haha
If you had $20 in 1925, you could pay 1 month’s rent. If you had an ounce of gold in 1925 you could pay 1 month’s rent.
If you have $20 in 2025, you can pay 1/87th of one month’s rent. If you have an ounce of gold you can pay 2 months rent.
That means:
- Dollar has lost 99.5% when valued in gold
- One dollar buys 1/200th of what it did 100 years ago
A rock. That did nothing. And actually inflated in supply.
Nice. Love that explanation.
Doesn’t even take into account the natural deflation of technology. That’s where things get really wild.