Replying to Avatar jimmysong

That's about 4.5 oz of gold at the time, which is now about $18,000 now for a semester, or $36,000 for a full year.

To compare, in-state tuition for West Virginia University today is $30k and for out of state $45k.

This isn't the deal you think it is because inflation has completely broken our sense of money.

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Trey 3mo ago

The golf price was artificially fixed at $35/oz in 1971 but was $180 in 1974 when it was freely traded. That’s probably a better number to start from, which would imply more like 0.85 oz gold ~$3,300

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