Not trying to defend the dollar, it continues to accelerate it’s journey into worthlessness. However, this isn’t the first time the U.S. devalued their coins. Quarters, dollars and 50 cent pieces used to be made of silver. Pennies used to be pure copper. I read that a few years ago, a nickel was made of $0.11 of nickel.
This debasement is not new. It’s just another depressing step toward default.
Coinflation is a website that tracks down the melt value of historical US coins.
When I was a kid my dad used to bring home rolls of coins for me to go through. I would find all kinds of silver in there. I would pull them, re-wrap the newer coins and my dad would exchange them for more coins. He would pay me a quarter to find a quarter, a dime for a dime, etc. it was a great way to earn some extra money as a youngster.
I didn’t realize it at the time, but over a few years he amassed quite a collection of junk silver.
Not trying to defend the dollar, it continues to accelerate it’s journey into worthlessness. However, this isn’t the first time the U.S. devalued their coins. Quarters, dollars and 50 cent pieces used to be made of silver. Pennies used to be pure copper. I read that a few years ago, a nickel was made of $0.11 of nickel.
This debasement is not new. It’s just another depressing step toward default.
Buy a gold coin. They’re amazing.
Coinflation is a website that tracks down the melt value of historical US coins.
When I was a kid my dad used to bring home rolls of coins for me to go through. I would find all kinds of silver in there. I would pull them, re-wrap the newer coins and my dad would exchange them for more coins. He would pay me a quarter to find a quarter, a dime for a dime, etc. it was a great way to earn some extra money as a youngster.
I didn’t realize it at the time, but over a few years he amassed quite a collection of junk silver.
CBDC is inbound no reason to make more coins I have not carried coins in years..
Gold coins no longer being 100% gold?
Metal inside?