3 ms·
It’s a tough problem. I’m guessing their assumption is that since the dollar was commodity money in that time frame, an ounce of silver was worth the same in 17
by amanaplanacanal 5y ago
It’s a tough problem. I’m guessing their assumption is that since the dollar was commodity money in that time frame, an ounce of silver was worth the same in 1700 as in 2000. It’s probably not far off.