How the US government seized all citizens’ gold in 1930s
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Gold Prices - 100 Year Historical Chart
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Prices during the gold standard were insane - because they didn’t go up! For 100 years (1800-1900) the prices of things did not change. People could actually save in US dollars and know their money would NOT lose value over time (Since it was backed by gold). This made financial planning significantly easier since you knew your purchasing power would be the same, or even improve! Once we unbacked our money to gold, prices now always go up, we have more boom and bust cycles, and it forces everyon
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