[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?

[RipSawyer]

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?

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The point is that the value of gold is more constant than the value of paper dollars, your illustration notwithstanding. Apparently you choose to believe that when the price of gold in dollars fluctuates wildly that the problem is with gold. I don't see it that way, I see the problem as being with the unbacked dollar.