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To: Tilted Irish Kilt

Let us review:
Back when gold and silver were used as currency the ratio was 20 to 1 silver to gold.

Today the ratio stands at 600 to 1.


8 posted on 08/27/2024 7:53:57 AM PDT by CoastWatcher
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To: CoastWatcher

until recently, the ratio had been bobbling around 40:1 going back to roman times.

roman soldiers would make 1 gold coin per week which would support their family for the week.

that gold coin would turn into 40 silver... which is where the 40 hr work week came from


9 posted on 08/27/2024 8:41:51 AM PDT by sten (fighting tyranny never goes out of style)
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