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I hate how true this is.
(lemmy.world)
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this post was submitted on 02 Jan 2025
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In 1985 gold was $400 Im pretty sure people were not spending $90 at a trip to the grocery store in 1985. More like 30-50 also when did the us begin heavily subsidizing the dairy and corn industry? How much of the food supply today is just repackaged processed corn? At least a quarter if not a third of the whole grocery store.
Gold is the best example of absolute value, its not perfect for but its better than any other commodity. An ounce of gold at any time in history gets you a months rent in a 2 bedroom apartment in a decent part of town.