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by panny 26 days ago
Cash broke the gold barrier a while ago. A $100 bill weighs one gram, whereas one gram of gold is now $145 at today's spot price. https://www.kitco.com/charts/gold

That's a very dangerous position for a fiat currency to be in. You are concerned about which banana republic politician is on the bill. I'm concerned about carting a wheelbarrow full of worthless paper to the grocery for a loaf of bread. We're not the same.

1 comments

Again I am impressed with the ridiculous response. The weight of a dollar bill vs the price of gold is of no consequence. The politicians trying to turn the USA into a “banana republic” certainly are. We are definitely not the same lol