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Inflation isn't some magical unknown force. Every comparison of historical value includes inflation adjustment. Of course prices rise over time, of course curre
by relix 12y ago
Inflation isn't some magical unknown force. Every comparison of historical value includes inflation adjustment. Of course prices rise over time, of course currency devalues over time. Everyone is aware of that.
What is this 'real' money you speak of? You mean the relatively extremely volatile value of Gold and Silver? Did you even check a graph of the inflation-adjusted gold or silver price for the past 30 years? Here, I'll link you: http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart http://www.macrotrends.net/1333/gold-and-silver-prices-100-y...
So is the 'true' value of gold $400 inflation-adjusted dollars or $1800 inflation-adjusted dollars?