/biz/ - Business & Finance

>>10996732
when the greeks were fighting the Persians they started mixing copper in with the gold they were paying their soldiers, this meant the soldiers were doing the same work for less gold (increasing production)
The us government has been debasing its currency since the establishment of the fed. Just like the greek soldiers you do the same for less year on year
the difference today is people believe purchasing power to be defined by consumer goods (CPI). When nothing can change the fact that gold is the measure of value over time