Woah.

The math checks out

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Is it just the fed, that's the problem? Or is it all the governmental institutions altogether including presidents & congress too?

A paper note, regardless of denomination weighs about 1 gram.

1 gram of gold is worth about $110-$115

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1 Troy Oz of Gold is 31.1 Grams.

1 Troy Oz of Gold ≈ $3550

$100 Bill is 1 Gram.

$3550 / 31.1 = $114.14 (per Gram).

$114.14 > $100.

Checks out.

That is fucking crazy