Matt Bracken breaks it down
...for instance...in 1930 a $20 dollar bill and a 1oz gold coin were readily interchangeable.
Today, that $20 dollar bill will buy about 6 gallons of gas.
That 1oz gold coin however, will buy about 1,400 gallons of gas.
This is a representation of the amount of theft that has been stolen from us by using fiat currency.
...for instance...in 1930 a $20 dollar bill and a 1oz gold coin were readily interchangeable.
Today, that $20 dollar bill will buy about 6 gallons of gas.
That 1oz gold coin however, will buy about 1,400 gallons of gas.
This is a representation of the amount of theft that has been stolen from us by using fiat currency.