30 Fiat currency vs Hard currency Year 1919: 1oz gold = 170 Marks Year 1923: 1oz gold = 87,000,000,000,000 Marks Choose wisely #Gold #Silver #Cardano #Bitcoin (nitter.nl) posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +30 / -0 T ? ?? (@TeongH_SR) Fiat currency vs Hard currencyYear 1919: 1oz gold = 170 Marks Year 1923:1oz gold = 87,000,000,000,000 MarksChoose wisely#Gold#Silver#Bitcoin 25 comments share 25 comments share save hide report block hide replies
If this scenario unfolds in the US, my hope is to be able to use a few gold coins to pay off my mortgage and own my home and property outright.
Because you know that the banksters will never forget about your mortgage.
That would be very smart anon!
You would still have the same dollar debt as you did before but with your gold coins increasing in value relative to the dollar you could pay off your debt very easily.