Thanks Investormania,
Good to see somebody contribute something that's current and not giving opinions about prohibition, Victorians, the gold standard going away in the 1930's (Actually 1971 but that's what happens when you make bleep up), McCarthyism, Iran-Contra, Victorians, Favorite Dogs and cats and blah, blah, blah, blah....
One note on just how distorted the comments have been includes the comment about Gold..
Gee... In 1933 an ounce of gold was worth $20.67 in paper money. Today.... an ounce of Gold is worth $1,567.90 while that paper money in 1933 is now worth.... $20.67 if you take it to the bank.
Doesn't take a rocket science to figure out that buying an ounce of gold with $20.67 back in 1933 was better then taking that cash and sticking it under the mattress.
Obviously somebody does not understand Fractional Banking and printing up dollars to pay the bills.
For those that still don't get it... then I've got a couple of 1923 $50,000,000 Deutsche Mark bills I'll sell to you for $1,000,000....
Should be quite a fantastic deal in your fantasy world. Go take out a loan for the cash.... interest rates are low and it's a great "investment". Lol...
;0 - Yesterday at 3:19pm