Thomas Jefferson said in 1802
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Revision as of 23:15, 19 May 2024 by Joe Batchelor (talk | contribs)
'I believe that banking institutions
are more dangerous to our liberties than standing armies.
If the American people ever allow private banks
to control the issue of their currency, first by inflation, then by deflation,
the banks and corporations that will grow up around the banks
will deprive the people of all property
until their children wake-up homeless on the continent their fathers conquered.'
$20 worth of gold (1 oz) costs $1830 10/06/23
$91.50 to buy $1 worth of gold
$1 to buy 0.0109 worth of gold
"Not worth 2 cents"
$1 to buy 0.0xxxx worth of gold - "Not worth 2 cents"
- 04/04/11 $1 = 0.01408
- 04/21/11 $1 = 0.01328
- 05/03/11 $1 = 0.01320
- 05/30/11 $1 = 0.01299
- 08/19/11 $1 = 0.01079
- 05/26/18 $1 = 0.01541
- 08/14/20 $1 = 0.01029
- 10/06/23 $1 = 0.01093