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To: Uncle Miltie

A $20 gold coin goes for around $1,200 in current paper money.

Where did the other $1,180 go?

The gubmint stole it with inflation.


4 posted on 11/13/2023 3:33:10 PM PST by Uncle Miltie (islam is a totalitarian death cult founded by a child rapist.)
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To: Uncle Miltie

“A $20 gold coin goes for around $1,200 in current paper money.”

for tv shows and movie shows of yesteryear, i always divide any dollar amounts mentioned by 20 and then multiply by 2,000 to get a quick estimate of equivalence to current dollars ...

for instance, $500 rewards for wanted banditos on westerns set in the 19th century, would be equivalent to $50,000 in today’s dollars ...


10 posted on 11/13/2023 4:01:19 PM PST by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: Uncle Miltie

You’re way off. A $20 gold piece is over $2000.


19 posted on 11/13/2023 4:17:33 PM PST by Blood of Tyrants ( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
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To: Uncle Miltie

$20 gold eagles are close to $2000


22 posted on 11/13/2023 4:23:17 PM PST by Keyhopper (Indians had bad immigration laws)
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To: Uncle Miltie

Bingo! Damn few people understand this.

An ounce of gold is always worth an ounce of gold. It never loses its value.


26 posted on 11/13/2023 4:34:47 PM PST by MeganC (There is nothing feminine about feminism. )
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