To: gas_dr
Yep, it is the purchasing power of the DOLLAR that goes up and down. It now takes 2000 DOLLARS to buy that good horse. Which is ironically equal to one ounce of gold... In the 1800s an ounce of Gold was worth $20. Which again was equal cost for one good horse at that time. :)
55 posted on
05/13/2023 1:28:54 PM PDT by
Openurmind
(The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
To: Openurmind
Ahhh. The stallion standard. 😊
Makes sense now
64 posted on
05/13/2023 2:50:10 PM PDT by
gas_dr
(Conditions of Socratic debate: Intelligence, Candor, and Good Will)
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