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by Skriticos
5951 days ago
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In 1945, 1 troy ounce of gold was worth something in the vicinity of 35 USD.. As of today it's over 1100 USD, and going up really fast. It would have been unfortunate to have it paid back in gold. http://www.nma.org/pdf/gold/his_gold_prices.pdf Also some figures for what was mentioned in the article:
http://mises.org/markets.asp (the last set of diagrams show the national debt figures over 60 years, useful to get an idea) |
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