[RipSawyer]

Again, money is credit.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

At any rate when the price of gold was pegged at $32.00 per ounce then 100 ounces of gold would buy a new car, the same 100 ounces of gold would buy an even better new car today. The 3200 dollars would buy a ten year old clunker today.

[Toddsterpatriot]

At any rate when the price of gold was pegged at $32.00 per ounce then 100 ounces of gold would buy a new car, the same 100 ounces of gold would buy an even better new car today.

100 ounces of gold in 1980 would buy an $80,000 car. 100 ounces of gold in 1982 would buy a $30,000 car. SO what was your point?