Liar.
While were on the gold standard, the dollar lost half its value from 1913-1919.
Verse 98% of its value since its inception? The only real gold standard is actual physical gold. Shysters will even lie about the amount of gold or silver backing certificates.
Unlike fiat, an ounce of gold or silver will still buy what it would decades and decades ago.
Verse 98% of its value since its inception?
Yes, 50% under the gold standard in 6 years is a much larger drop than we ever suffered after Nixon took us off the gold standard.
Unlike fiat, an ounce of gold or silver will still buy what it would decades and decades ago.
That's hilarious!
An ounce of silver buys 60% less than it did a bit over 2 years ago. Gold, about 37% less over the same time-frame.