The Nixon shock... Didn't work out, did it?

Dollar lost 4.3% of its value each year since then.

Multiply each number by 10 and you have todays price( minus Harvard but who wants to pay 70,000/year to get brain washed)

(1-Annual Inflation)^52years=0.1

Log (1-Annual Inflation)^52years = log 0.1

Set (AI=1-Annual Inflation)

52*Log(AI)=-1

Log(AI) =-0.0192

AI=10^-.0192=0.957

1-AI=annual inflation = about 4.3%

YOUR DOLLAR LOOSES 4.3% per year every year

Understand that!

final debasement from gold?