Re:Texas Repatriates Gold at Federal Reserve in New York to ...
by lisper on Saturday June 13, 2015 @08:50PM
(#9713375)
I was using inflation-adjusted prices. I took the phrase "$100 of their currency now" to mean one hundred 1980 dollars now, which would be worth about $250. Otherwise the argument is a straw man. Any non-perishable commodity is going to outperform an inflating currency in the long run. There's nothing particularly special about gold in that regard.
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