Money and Reality: Exploring Austrian Economics and The Natural Order of Money with Brad and Ira
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The History of the US Dollar
Gold used to always be the same price, like $32 and it was 35. Now gold can be $1,300 an ounce. The dollar was a quantity of gold. You could get out in terms of the purity of it. But a dollar was supposed to be an ounce of gold. That was the thing. And so people carried gold coins that were an ounce. So that became $20. Well, see, when we saw this coming, my husband and I actually bought some gold coins because we could see this was coming. Not very smart because I think the day is going to come when instead of Bitcoin, we're going to need little bits of gold here and there in
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