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Replying to Avatar Mr. Freedom

In 1923 a loaf of bread cost $0.09. In 2023 it costs $2.50. That’s a 2700%+ increase in price.

1n 1923 1 oz of gold bought a person 229.67 loaves of bread. In 2023 1oz of gold will buy you 773.76 loaves of bread. 1 oz today buys you 300%+ more bread than it did 100 years ago.

Make it all make sense

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StephanGuy 2y ago

we dont measure inflation in one asset or product, we have gotten more efficient at making bread and gold might be over priced currently

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Mr. Freedom 2y ago

The point is the dollar is shit

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