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by j7ake 915 days ago
There was some story once that a quality handmade tailored suit costs about the same amount of gold centuries ago compared to today.

Would love to see this fact checked.

1 comments

Given the volatility of gold prices, you can just pick a date when that was true.
You could, but then that would be bad analysis.

A more reasonable approach is a linear model.

True. If I had to, though, I'd bet that the article didn't do that.
Here is house to gold ratio: trend is surprisingly cyclicle

https://www.longtermtrends.net/real-estate-gold-ratio/