Interesting to use a decreasing in value currency to compare
It is an apples to apples comparison. It is the purchasing power of what you can buy in gold or silver now, v. the purchasing power of what you could buy in gold or silver then. The dollar association is a bookkeeping term and a number that people understand intuitively. It has nothing to do with what I was showing, which is how much purchasing power gold and silver have retained in the market over time.
Granted, it is not yet perfect, due to the CB manipulation of money, but we are working on comprehending value for goods and services over historic time, while we move slowly towards loosening ourselves from the system.
That is awesome.
Interesting to use a decreasing in value currency to compare
It is an apples to apples comparison. It is the purchasing power of what you can buy in gold or silver now, v. the purchasing power of what you could buy in gold or silver then. That determines how much gold and/or silver has retained it's purchasing power. The dollar association is a bookkeeping term and a number that people understand intuitively. It has nothing to do with what I was showing, which is how much purchasing power gold and silver have retained in the market over time.
Granted, it is not yet perfect, due to the CB manipulation of money, but we are working on comprehending value for goods and services over historic time, while we move slowly towards loosening ourselves from the system.
That is awesome.
Interesting to use a decreasing in value currency to compare
It is an apples to apples comparison. It is the purchasing power of what you can buy in gold or silver now, v. the purchasing power of what you could buy in gold or silver then. That determines how much gold and/or silver has retained it's purchasing power. The dollar association is a bookkeeping term and a number that people understand intuitively. It has nothing to do with what I was showing, which is how much purchasing power gold and silver has retained in the market over time.
Granted, it is not yet perfect, due to the CB manipulation of money, but we are working on comprehending value for goods and services over historic time, while we move slowly towards loosening ourselves from the system.
That is awesome.