Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dumb question about hyperinflation ... or maybe not
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 789275, member: 6492"]Hi farmer,</p><p> </p><p> </p><p>Most excellent point. I already responded to another on this thread earlier tonight about the same thing.</p><p> </p><p>The value of gold and silver are pretty much a constant. Their price, however, fluctuates wildly as expressed in variour currencies or other measures.</p><p> </p><p>That silver quarter that bought me a loaf of bread back in the 50's would buy me one today after being converted at 10-12 to 1. They say an ounce of gold would buy a roman a nice toga and sandals, and in the Roaring 20's a nice suit of clothes and today at $1125 would also buy a nice suit of clothes. </p><p> </p><p>The value of the gold and silver never changed but the price did as expressed in dollars or aurei.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 789275, member: 6492"]Hi farmer, Most excellent point. I already responded to another on this thread earlier tonight about the same thing. The value of gold and silver are pretty much a constant. Their price, however, fluctuates wildly as expressed in variour currencies or other measures. That silver quarter that bought me a loaf of bread back in the 50's would buy me one today after being converted at 10-12 to 1. They say an ounce of gold would buy a roman a nice toga and sandals, and in the Roaring 20's a nice suit of clothes and today at $1125 would also buy a nice suit of clothes. The value of the gold and silver never changed but the price did as expressed in dollars or aurei. peace, rono[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dumb question about hyperinflation ... or maybe not
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...