100 Years of inflation theft - Fun with Numbers

[Paul]

$20 in 1919 buys = 1 oz of GOLD

or

• 482 gallons of gas or
• 427 gallons of milk or
• 675 dozen eggs or
• 2700 1st class stamps

$20 in 2019 buys =

• 1/66 oz of GOLD or
• 7 gallons of gas or
• 6.3 gallons of milk or
• 10 dozen eggs or
• 40 1st class stamps

 

2019 £20 gets you $26.43 USD

in (£) GBP in 2019  £20 buys =

• 1/50 of gold (£1,000oz)
• 3.33 gallons diesel (£6 per gallon)
• 4.89 gallons of milk (£4.89 per gallon)
• 12 dozen eggs (£1.65 per dozen)
• 30 1st class stamps (£0.67 per stamp)

Our ruling Banksters & Big Government Inc using inflation to invisibly, steal your wealth year on year and keep you working longer for less

[sixgun]

Robbing bastards.

In 1913 £1 was circulating currency. £5 was 5 sovereigns which today might be worth at least £1100.

Today £5 won't get you a large Big Mac and Coke (if you could stomach that poison) - 5 sovereigns would buy you 8000 eggs. That's a big omelette. Keep stacking you know it makes sense.

[Abyss]

To add balance to the debate

 

[Paul]

19 minutes ago, Abyss said:

To add balance to the debate

 

he makes a a lot of fair and valid points to be fair in his commentary and analysis, thanks for the vid

[Xander]

1920, average income per year. £204,16s, 9d.

2019, average income per year. £28, 677.