Currency Debasement History

[libertad]

http://mises.org/story/3498

 

[Scataphagos]

America has been on the path of currency debasement since the creation of the Fed.

When the WSJ was first published, a copy was 2 cents. Now, $2.50.

When I first saw a Toyota Land Cruiser, it was $2,795. Now, > $50,000.

 

[telozo]

Quote from libertad:

http://mises.org/story/3498

I ordered a copy. Sounds like an interesting reading.

 

[monty21]

Quote from telozo:

I ordered a copy. Sounds like an interesting reading.

Let me know what you think of it when you start reading it.

I'm a huge fan of the Mises Institute.

Ron Paul!