Someonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 10 months agoThe $20 USD bill is the new 5$ billmessage-squaremessage-square91linkfedilinkarrow-up1194arrow-down133file-text
arrow-up1161arrow-down1message-squareThe $20 USD bill is the new 5$ billSomeonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 10 months agomessage-square91linkfedilinkfile-text
Prices have inflated so much over the past 10 years that a $20 bill buys as much as $5 did back then.
minus-squarereddig33@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down4·edit-21 month agodeleted by creator
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up7·10 months agoAre you under the impression that this prevented inflation somehow? Spoiler: it didn’t.
minus-squareBananaIsABerry@lemmy.ziplinkfedilinkarrow-up5·10 months agoShhh don’t tell them about what happened after both world wars
minus-squarejubilationtcornpone@sh.itjust.workslinkfedilinkarrow-up4·10 months agoOr the time Ulysses Grant ordered the Treasury to flood the gold market - temporarily tanking the US economy - in order to crush his own brother in laws market manipulation scheme.
minus-square667@lemmy.radiolinkfedilinkEnglisharrow-up2·edit-210 months agoThe US went off the gold standard in 1971 and OP is talking about 10 years ago, so 2016. Disregard. The commenter is referring to the 100 or so years ago.
minus-squarereddig33@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down2·edit-21 month agodeleted by creator
deleted by creator
Are you under the impression that this prevented inflation somehow?
Spoiler: it didn’t.
Shhh don’t tell them about what happened after both world wars
Or the time Ulysses Grant ordered the Treasury to flood the gold market - temporarily tanking the US economy - in order to crush his own brother in laws market manipulation scheme.
The US went off the gold standard in 1971 and OP is talking about 10 years ago, so 2016.Disregard. The commenter is referring to the 100 or so years ago.
deleted by creator
Ahh, fair. I misread that.